Technical analysis by daryltroy about Symbol PAXG: Buy recommendation (6/10/2024)

As you can see in the chart, I have highlighted the DR (dealing range). At the moment, GOLD is currently trading at a deep DISCOUNT providing a great opportunity to look for longs. For my trade requirements, I will be waiting for LTF bull BOS to the upside and then I will be entering on a retracement back to the downside before capturing the liquidity resting above. This provides us with both a BUY and SELL opportunity since price will have to trade back up to capture the liquidity before coming back down even further and targeting even more liquidity.