Technical analysis by KhalilKarimii about Symbol PAXG: Buy recommendation (7/29/2024)

The broader trend for gold remains bullish, driven by various factors such as geopolitical tensions, inflation concerns, and central bank purchases. Analysts suggest that the structural drivers supporting high gold prices are still in place, and there is potential for gold to reach new highs, possibly peaking around $2,800 by September before a possible retracement towards the end of the year​