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Technical analysis by TradeWithTheTrend3344 about Symbol PAXG: Buy recommendation (9/10/2024)

https://sahmeto.com/message/2596144
TradeWithTheTrend3344
TradeWithTheTrend3344
Rank: 904
2.8
Buy،Technical،TradeWithTheTrend3344

Hello,The previous target for XAU was achieved at 2519.898, and now sellers are entering with expectations of a potential bearish shift. For this to be confirmed, a break below the 1M pivot point (PP) is needed to signal further downside movement. However, the 1M PP has currently held as support, suggesting the possibility of continued growth toward higher highs unless it eventually flips into resistance. While support levels could be tested again, the outlook for now points to a continuation of the upward trend. Time will tell!TradeWithTheTrend3344

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$2,517.42
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