Technical analysis by Trader_BrianFX about Symbol PAXG: Buy recommendation (9/16/2024)

Gold (XAU/USD) has finally broken free from its weeks-long sideways range, surpassing its previous record high of $2,531 and climbing to around $2,585 at the time of writing.The long-term trend for gold remains bullish, and as technical analysis theory suggests, "the trend is your friend." This momentum supports the continuation of gold’s upward trajectory..