Technical analysis by LaplacePoint about Symbol PAXG: Buy recommendation (7/28/2024)

We have already created a good support area and the price rejected the monthly support(purple area), but the bad part is we don't have a confirmation yet until we get the results on Tuesday's news. The news is targeting both US and CAD, which are correlated Currently, DXY still has not broken the bearish channel so there is a possibility. Be ready like Jerone Powell - LOL.DXY broke the channel...It's a bearish time