Technical analysis by Titan-Forex about Symbol PAXG: Buy recommendation (6/18/2024)

Dear traders! Gold prices increased to new bids, despite the risk-on market sentiment. The US dollar tried to recover even as US Treasury yields fell again. The path of least resistance emerges for Gold prices amid Bear Cross and bearish RSI. From the 1D chart, Titan personally appreciates the dip-buying strategy for gold to continue as long as the 2300 support level holds amid a gradually narrowing BB. It is expected that this price increase will reach 2377 USD at least.Trade activeTrade activeComment: