Technical analysis by damondre94 about Symbol PAXG: Buy recommendation (9/30/2024)

Gold technicals and price action show that this bull move is extremely strong. With NFP this week, this will bring more volatility into the market. Gold has sold off during the last 2 NFP Friday news. The fundamentals could line up for the dollar to retrace this week which will push Gold down and give opportunities for buyers to continue pushing toward new highs before the election. My next target for Gold will be 2800, I would love a retracement opportunity to buy around 2600. None the less I'll be buying the dip