Technical analysis by NeverNO about Symbol PAXG: Buy recommendation (4/10/2022)

In between again a chart.On March 29, the price dropped to SMA 50 and from there it bounced.As long as SMA 50 serves as support, I anticipate a potential bullish ABC correction.If you see that the Detrended Price Oscillator has risen above the zero line, then the trend is bullish and v.v.Applies to all time windows... watch this so you can orientate yourself better.Condition: for this setup to be successful, it would be beneficial if we don't see a daily close below $1937 in May.Bearish outlook if there is no new ATH.This means that just one more ATH makes this option obsolete.