Technical analysis by bobphamm about Symbol PAXG: Buy recommendation (9/6/2024)

#XAUUSDBased on my analysis and market conditions currently, gold is expected to approach my identified IVFG and may continue its upward momentum only during the London session, potentially targeting the 2523 level. We could see some consolidation ahead of upcoming news which may cause a brief pullback. However, in the short term, the overall outlook for gold remains bullish.