Technical analysis by WaveRiders2 about Symbol PAXG: Buy recommendation (10/23/2024)

In the 15-minute time frame, if gold pulls back to the green support zone, we could see buyers stepping in again. This could present a good opportunity to enter a long position, but only with proper confirmation. If you are currently in a short position, it would be wise to reduce your exposure as the price approaches this key support level, as buyers may take control and push the price higher.