Technical analysis by HL-TradingForex about Symbol PAXG: Buy recommendation (7/4/2024)

Dear traders! Gold broke horizontally as mentioned and rose sharply after yesterday's news and reached 2365. As of now, gold is relatively stable below the resistance level of 2365 with sellers actively holding the price in the context of correction. But! On the chart, we identify that the market is gradually forming a classic cup with handle. Therefore, we can look for any retracement opportunity to buy gold Ideal entry points: 2337 and 2335 Good luck with your trading!