Technical analysis by saminsalehi85 about Symbol PAXG: Buy recommendation (4/23/2024)

The Gold chart is currently trending upwards, with a strong support zone between $2,300 and $2,980. Our last target for this trend is in the range of $2,550 to $2,570. While there have been several smaller waves within this uptrend, I am waiting for the price to reach the final target before considering a long position. My entry for a long position in gold is at $2,300, with a stop loss set at $2,275.