Technical analysis by Michael_Petit1999 about Symbol PAXG: Buy recommendation (8/27/2024)

Gold is currently approaching the Take Profit as anticipated. Price has Mitigated an important area in Price which is the Fair Value Gap. The Fair Value Gap is a bonus because it further solidifies our already determined idea that the Market will sweep the nearest Swing High which is where traders who would have gone short during the initial drop in Price would place their stops just above the Swing High which happens to be where the Market will reach Next. The Market is hunting for Stops above the 1Hour Swing Hour