Technical analysis by mr_mat_sa about Symbol PAXG: Buy recommendation (8/9/2024)
https://sahmeto.com/message/2528178

mr_mat_sa
Rank: 6357
Analytical Power:
1.6

I believe that since NFP we have seen so much volatility in the markets, a lot of fear kicked started the bearish moves in the market at large, we saw the stock market down as well as Gold.Where do I stand in all this, I remain bullish overall on Gold.We actually made it past half year on a very strong bullish move, I believe players are still going to come back to the playing field.After the aggressive bullish move the past two days I'd like to see a dip so I can enter longs on Gold. With 2400 and 2360 being my areas of interest.
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$2,482Price at Publish Time:
$2,423.06