Technical analysis by Setupsfx_ about Symbol PAXG: Buy recommendation (5/16/2024)

XAUUSD Price reached to 2395 which remained a key area for price to make some corrections. We expect price to drop a little bit more and then bounce strongly afterwards. Price previously have left strong wick rejections at our area of entry. Good Luck and trade safe.Comment: Morning Everyone, We have update on yesterday's chart analysis on Gold, price 'early mitigated' and instead of coming down to our buying zone now it is unlikely it will come to our zone. That is why we have an update on this.Trade active: As we updated last time about price changed, here how we progressed from our last update .491+ pips, well done to those who took the entry.