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

Good evening, everyone. I'm Kelly. Let's continue trading. Now we still hold a long position in gold. The price has reached the resistance level of 2332-2336. It is normal to fall back when encountering resistance. The support is at 2326-2322. In the process of falling back, as long as it does not fall below the support by a large margin, it is still an upward trend. I have just reminded everyone that there will be a fall back. I believe that friends who want to close the order have also closed it. Next, just wait patiently for the opportunity to buy again. Our goal continues to maintain 2342. Trend trading is a very patient thing. As long as the trend is not broken, patient waiting often creates miracles. Thank you for your attention. I will continue to update. If you need help, remember to tell me. Have a good day, love you, let's make money together!Trade active: It is falling very fast and is close to the support level.Trade active: In the 30-minute chart, its MACD indicator has formed a death cross, and the K-line arrangement shows that the resistance is relatively large. It is expected to pull back first today. If the market is in line with expectations, then we will pay attention to the support near 2322, and we can buy again in the range of 2323-2318Trade active: It's falling, it's not over yetComment: The decline is not over yet, continue to wait patiently, if you are trading short, you can close it around 2323 Good nightTrade active: It is falling and it is not over yet, we are waiting for the opportunity to buy