Technical analysis by teconlab about Symbol PAXG: Buy recommendation (9/18/2024)

In my latest analysis, I’ve moved away from traditional timing methods and focused entirely on Gold’s key price levels. Gold is currently in the final grand wave (Wave 5) of the Elliott Wave cycle. Right now, we’re in Wave 3, just as the fifth subwave is beginning.My first take-profit target is set at 2589, based on my own trading plan. After hitting this level, I’m expecting more upward momentum toward 2603. Around this point, Wave 4 should start, giving us a bit of consolidation before the final push toward 2800.If this approach makes sense to you, feel free to like and follow for more updates as we keep tracking these moves together.