Technical analysis by ElenaMayi about Symbol PAXG: Buy recommendation (5/15/2024)

As I mentioned in the previous analysis, the price of gold will rise to 2357 and is still trying to stabilize above this level. Gold's stabilization above 2357 confirms that it is bullish to reach 2369 and above 2378. But trading with a short time below 2357, we will have a correction until 2344. Market movements are volatile because today we have news of US inflation, which will have a huge impact on the market. Tendency: Long 2357 Target station: (2369, 2378, 2400).Trade closed: target reached