Technical analysis by Odessa_Marlowe about Symbol PAXG: Buy recommendation (6/8/2024)

Hello everyone! What are your thoughts on XAUUSD? Looking at the 1D chart, it's clear that XAUUSD is currently in an accumulation phase, moving sideways around the $2400 level. However, the upward momentum remains promising as the Bulls are firmly defending the strong support at $2320. Given this scenario, it's likely that in the near future, gold will break through the $2430 peak and continue to target even higher levels. That's my take on it. Now, it's your turn! What do you think?Trade activeComment:Comment: