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

Gold was on a downtrend, but now, following the break of this downtrend line and considering the bearish trend of the dollar index and important news today, we could expect a bullish move towards 2400 - 2417. 📈Good jobIf the price breaks 2383, we may expect a decrease in gold to 2376. 📉GoodWe have a resistance at 2384 - 2387, if broken, we may go towards 2398. 💪📈Easy