Technical analysis by CoinYardim about Symbol PAXG: Buy recommendation (5/3/2024)

Hello our dear followers. Let's share a post about the possible scenarios of ounce gold before the non-agricultural employment data will come at 15:30 on TSI today. We shared recently that sales may accelerate under the 2320 region. The 2280 test, which is the 2nd support zone, has been completed and currently continues to give an image like a flag formation. Today, if we encounter a dollar index that cannot strengthen together with the non-agricultural sector, we will continue our upward trend again. Note: It is not an Investment Advice. Note: Closings below the 2280 region may accelerate the selling trend. Regards. Hello Valuable Followers, Today at 15:30 (GMT+3), the non-farm payrolls data will be released. Prior to the data, we would like to evaluate the possible scenarios for gold. We previously mentioned that selling pressure could accelerate below the 2320 level. The second support zone at 2280 has been tested, and currently, it appears to be forming a flag pattern. If we encounter a dollar index that fails to strengthen alongside the non-farm data today, we will resume our upward direction. Note: This is not investment advice. Note: Closures below the 2280 zone may increase selling pressure. Best Reg.