Technical analysis by TradeWithTheTrend3344 about Symbol PAXG: Buy recommendation (5/16/2024)

Hello Everyone, XAU/USD has surged upwards and is now testing the daily pivot point (1D PP), which has been acting as resistance. If the price can settle comfortably above the 1D PP, further upside is likely. Conversely, if it establishes below this level, we may see tests towards the weekly/monthly pivot points (1W/1M PP) again. TradeWithTheTrend3344