Technical analysis by Explorer-k about Symbol PAXG: Buy recommendation (7/23/2024)

At present, the gold market is obviously running between 2390-2410. 2400 is the current short-term support. Once the gold price falls below 2400, it may continue to adjust slightly to 2394-96. This is the best opportunity to go long. You can participate based on the low point of 2488. The probability of breaking the low point again is relatively low, but the volatility in the second half of the US market may not be very large. I think the upper pressure level is around 2430. So in terms of trading strategy, go long, you can participate around 2400, and you can choose to leave after making a profit of 7-10 points. The target pressure level is 2430. Follow me, trading is so simple, you can find me on my homepage for more precise strategiesTrade activeTrade active: It moves very slowlyTrade active: Gold rose as expected and has achieved a profit of 7-10 points. The upper pressure level is expected to remain unchanged at 2430 points.Trade activeTrade closed: target reached: Goal CompletedTrade closed: target reached: Watch and wait for new strategies