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Technical analysis by jakerobertson99 about Symbol PAXG: Buy recommendation (4/19/2024)

https://sahmeto.com/message/1690294
jakerobertson99
jakerobertson99
Rank: 4470
1.8
Buy،Technical،jakerobertson99

Let's be honest, clearly this is going up and if it isn't, it's going straight down. My bet is it goes up >50% before we see a correction given the past patterns of gold rising. It generally has massive bull runs in short periods of time and corrects itself over a much longer period of time following the positive movement. Gold is deeply entrenched into the value of the dollar, meaning its price is going to change based on M1 money supply metrics. Yay! this is better than X

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Signal Type: Buy
Time Frame:
1 month
Price at Publish Time:
$2,397.43
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