Technical analysis by Colin_Analyst about Symbol PAXG: Buy recommendation (6/18/2024)

Market attention was low on Monday, with no major news releases. U.S. retail sales data on Tuesday, weekly jobless claims on Thursday and the initial Purchasing Managers Index (PMI) on Friday may provide more information on consumption and economic strength.Gold fluctuated between 2310 and 2327 on Monday. After hitting the bottom at 2287, it has been fluctuating at a low level for several consecutive trading days. Although it has not yet stabilized above the Bollinger middle track, from the perspective of 1D, the possibility of continued rise is very high.I think buying in 2308-2315 support range, SL: 2299I will analyze the trend and strategy of gold every day, follow me and join me2308-2324, 160pips2315-2324, 90pipsThe judgment is correct, today is an uptrendJoin me