Technical analysis by JinDao_Tai about Symbol PAXG: Buy recommendation (9/16/2024)
https://sahmeto.com/message/2618252

JinDao_Tai
Rank: 6336
Analytical Power:
1.6

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.
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$2,585.8