Technical analysis by cpointfx about Symbol PAXG: Buy recommendation (7/24/2024)

This is a early buy set up targeting the supply identified on the cahrt. we are trading against the late trend traders who are taking selling trades just after price broke above the swing high of the 1HR which is a signal that buying pressure is kicking the market and looking at the drop in the DXY from the current price as metioned in one of the ideas a few days ago that we are looking for a drop in DXY which will accelerate the rally of Gold in return.