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

https://sahmeto.com/message/2618252
JinDao_Tai
JinDao_Tai
Rank: 6336
1.6
Buy،Technical،JinDao_Tai

As Gold approaches the 2600 level, I'm anticipating some volatility around this resistance level before a continuation higher.FED cutting rates this week could push gold higher, especially if we see the DXY lose ground.However, volatility is could be high, with choppy price action around this resistance level. Look for short term upside scalps or to buy on retracement.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$2,585.8
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