Technical analysis by TraderFa9ir about Symbol PAXG: Buy recommendation (5/22/2024)

🔴 Here are the most notable developments: • Many statements by Federal Reserve members were issued during the week, giving the dollar support in the market in general, or at least preventing it from falling further. • Including the statements of Federal Reserve member Loretta Mester, who said that a one-time drop in inflation will not encourage us to reduce interest rates early, but rather they need to wait longer. • Markets move in a dull, horizontal movement in light of weak liquidity and the absence of any important economic data. • Gold is declining, but hovering above $2,400 per ounce. • Today, investors are awaiting the release of the existing home sales statement at 5:00 Saudi time and the Federal Reserve minutes at 9:00.Trade active: Just to let you know guys im in Position Buy at : 2407 - 2405 -2410 and i wanna add at 2395-2397 if price reach that key levelTrade active: Closing half lots in loss