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

Gold is bullish on the 1D technical outlook (RSI = 62.834, MACD = 24.030, ADX = 26.032) and on the 4H formed the first Golden Cross since February 28th. Last time this sparked a very aggressive rise with the 4H supporting. We are targeting the top of the long term Channel Up (TP = 2,500).## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##