Technical analysis by ImminentDanger about Symbol PAXG: Buy recommendation (8/1/2024)

Little bounce here after establishing in the 30’s again. Could be looking at drastic moves and pullbacks when the price enters the unstable 40’s-50’s region. Look to exit off the resistance above and wait for a setup that will drop or push through this diagonal uptrend. Breaking this will initiate 2420 and beyond. Turns on average take 12-16 15m candles to developed and break off of. Tight ish SL and anticipate pullbacks from eratic movement and wicks near these trend lines. GL Cheers all,