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

The price after completing being repelled by Daily resistance completed 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 trend will continue its bullish journey after transitory phase and shallow pull back.