Technical analysis by Quantili about Symbol PAXG: Buy recommendation (8/21/2024)

Gold is gaining strength as the US dollar weakens, with momentum picking up 📈. After a brief false breakout below the intraday trading range, Gold might be gearing up for another move upwards 🚀.From a daily chart perspective, no significant extremum has been established yet, so there's potential for Gold to target 2542 in the near future 💰.👀 Keep an eye on the FOMC minutes being released later today—this will be a key event that could influence market direction.