Technical analysis by forexNetwork10 about Symbol PAXG: Buy recommendation (6/25/2024)
https://sahmeto.com/message/2215768

forexNetwork10
Rank: 23733
Analytical Power:
1.5

XAUUSD has approached a key support area at 2320, where a bullish reversal is anticipated. Technical indicators and chart patterns suggest that the market is poised to reverse and move upwards. The target area is set at 2360-2378 and 2388, with a stop loss at 2300 to manage risk effectively. This setup presents a promising opportunity for traders to capitalize on the expected rise. Stay tuned for further updates and detailed analysis!Stoploss was adjusted and trade played out successfully
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$2,388.54