Technical analysis by Nuno_Nascimento about Symbol PAXG: Buy recommendation (7/31/2023)

I've spotted a key demand zone for Gold on a 15m chart. The demand level range is between 1949.615-1947.885. If the price retraces to this zone, I'll be considering a long position. My target is set at 1959.645, with a potential for a 5.1 R reward. I plan to exit the trade if there's a 15-minute candle closing below the demand zone