Technical analysis by ajkhan30 about Symbol PAXG: Buy recommendation (3/20/2023)

The price after completing being repelled by Daily resistancecompleted its first “N” wave has begun its second wave.The price has retraced to Fib 38.20% which is considered“Medium Retracements” which always results in formation of Pennant Chart Patterns. This behavior predicts that the trendwill continue its bullish journey after transitory phase and shallowpull back.