Technical analysis by benspa1 about Symbol PAXG: Buy recommendation (8/29/2024)

Here you can see my idea to gold. We have reached support at 2495 and boucned back up. today we got GDP data which gave us a another downturn. But we have fundementals and strong demand in gold which pushed price to antoher ATH soon. setup looks like it right now. now we struggle at 2520 resistance which soon needs to be broken. otherweise we see probably 2480s. But now I see 2532 or higher XAUUSD XAUUSD