Technical analysis by Odessa_Marlowe about Symbol PAXG: Buy recommendation (6/17/2024)

Let's dive into today's gold trading strategy together! As the market opened today, gold saw a slight dip. Currently, the precious metal is trading at $2325, down by 0.35%, losing $9 in value for the day. This decline is largely attributed to concerns over the Federal Reserve's interest rate policies. However, the critical $2300 level remains a key support for the bulls. As long as this support holds, there's potential for a bullish rebound in the future. Wishing you a successful trading week ahead!Trade activeTrade active