Technical analysis by RojBarwari about Symbol PAXG: Buy recommendation (6/10/2024)

The current analysis suggests a bullish trend for XAUUSD . A retest of the pivot line at 2294 is expected. If the price holds above this level, it is projected to rise first to 2306. Stabilizing above 2306 could lead to further upward movement towards the 2322 and 2333 zones. However, if the price fails to hold above 2294, it may decline to 2281 and potentially further down to 2268.Key Levels:Bullish Lines: 2306, 2322, 2332, 2351Pivot Line: 2294Bearish Lines: 2281, 2268, 2253