Technical analysis by bfk34 about Symbol PAXG: Buy recommendation (7/27/2024)

The ounce of dollars, which completed the week with harsh movements, closed the closing of $ 2386 and actually made a correction of a kind of 2480 summit. Although it is likely to be in search of balancing within the rising channel for a while, the movements over 2400 will continue the upward appetite.2480 Dollars have become an important resistance for ounce of gold and we can understand that it comes back to the level on a weekly basis. Gold, where the weekly closing is held at 2443 levels, supports ourselves 2430 in the new week and continues to follow the transactions over these levels.