Technical analysis by SilvaBull about Symbol PAXG: Buy recommendation (8/24/2023)

Goldmining Inc is tracing out a bullish pennant after a move up following completion of the ABC major that began in 2016 . This huge corrective move is typical of many mining shares and is the main reason i am so bullish on the sector as i believe this pattern to be a massive W2 major . If this is correct the W3 that is soon to follow will be in the melt your face off category . Goldmining Inc has a broad portfolio of resource properties some at the PEA stage which i consider to be the sweet spot to buy junior miners . They are also well diversified into other investments including mining shares and royalties . Beaten down and out of favor like most of them now . Looks like a good deal to me .Pulled back to my major support level . Time to pull the trigger on 2x shares . Walk into that fire baby !Who cares about the gold smackdown ! Not me... still holding ! Diamond hands ;)this thing is still a buy here . the huge rounding bottom is only beginning to turn up now . Still adding .