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Technical analysis by mudguts222jb about Symbol PAXG: Buy recommendation (8/23/2024)

https://sahmeto.com/message/2557366
mudguts222jb
mudguts222jb
Rank: 7468
1.5
:Buy
Price at Publish Time:
$2,508.92
Buy،Technical،mudguts222jb

A move to the top of the current 25-year channel suggests a rise to $3,000 p/oz gold. Whether the top of the channel becomes resistance, or acts as a breakout level instead is a global macro question, I guess.

Source Message: TradingView
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