Technical analysis by AHAD_FX about Symbol PAXG: Buy recommendation (10/18/2024)

Hello Ligand Traders ! Lets talk about gold .Yesterday Gold broke up with stronger USA data.The possible reason behind this movement stand with with fundamental aspect as North korea warns South korea as an enemy .So Gold broke above the historical level of 2700.Gold is being considering as safe haven asset as geopolitical tensions are increasing worldwide . So Gold left its co-relation with dollar and became independent asset .To buy gold , here i am expecting a retest below 2700 level , like 2690 level marked here .We watched also some rejections here below 2668.So i am marking gold to move above the mystery level of 2720 or further more . Lets be careful while trading gold actively .Happy Trading , Stay with LIGAND !