Technical analysis by PrimexCapital about Symbol PAXG: Buy recommendation (9/25/2024)

Gold destroyed our previous analysis because of the insane bullish momentum from last week's news release. And this changed the bias totally. Gold hit an important level @2650 as there is no previous or historical resistance above level, price might keep going higher until a new resistance is formed. Currently we are expecting a pull back to give new buy opportunities from the support area. Expecting gold to go higher.