Technical analysis by GCGoldenCircle about Symbol PAXG: Buy recommendation (10/17/2024)

Entry 2683 & 2674.5 Sl 2666&2678.60 ss trail stop Pair above 2700 opens A whole 1000 points again like 1800/2000$ breakouts 2678.60 ImportAnt support to keep view to 2714/2800 2525/2600 daily support sl zone for buyers Initial target now confidently with economic unsettling war commotion Inflation cuts of covid News in ImportAnt country distributors looking for gold buying/ back money by money Rising indices to somehow work with this boosting as after crisis seems to buy hard after rallies will make gold compete for spotlight with btc 5000/10000$ &100000k We will keep buying mn tp daily on lows even if price turns new figures 1M$ doesnt seem crazy but when longest term of hyperbolic trendCpi news came with confusion but we up 2800 once broken might be floor for newerhighs Intraday on its way to 2870'2940 break above we'll see 3190 to 4000