Technical analysis by KhalilKarimii about Symbol PAXG: Buy recommendation (10/21/2022)

Investors have shied away from buying stocks this year, mainly because of fears over sharp policy tightening by the US Federal Reserve and other central banks around the world amid an environment of high inflation and low growth. Given that the Fed is yet to tilt to a more dovish, low-yielding assets like tech stocks listed on the Nasdaq and gold are likely to remain out of favor as bond yields continue to press higher.source: Investing.com