Technical analysis by thegoldhoarders about Symbol PAXG: Buy recommendation (4/18/2024)
https://sahmeto.com/message/1689594

thegoldhoarders
Rank: 11842
Analytical Power:
1.5

looking at gold today it seems we could be looking at at another decent move up. a bullish pennant has clearly formed as illustrated by the blue lines but what's interesting is that from looking at the volume indicator we can also clearly see a divergence in price and volume which hopefully means an upward move is imminent. there is however nothing on the economic calendar this week that would serve to give gold a push in the right direction so for now its a waiting game but ill be keeping a close eye on this and have price alerts set ready for when the action breaks out!
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$2,404.87