Technical analysis by Fxgoldtraders about Symbol PAXG: Buy recommendation (5/7/2024)

Gold price extends its upside as markets react to downbeat jobs data Spot Gold turned positive at the beginning of the week, with XAU/USD reaching an intraday high of $2,331.88. The US Dollar weakened throughout the first half of the day, although trading conditions were thin amid holidays in Japan and the United Kingdom. The market mood remained upbeat in Asia and Europe, undermining demand for the American currency. After Wall SStreet'sopening, however, the mood temporarily soured, leading to some modest USD gains. Trading plan on May 7 👨‍💻 XAUUSD BUY zone 2313 - 2310 🔹SL 2307 🔹Tp 2320 - 2325 - 2330 ready to get big profit with me 🙌