Technical analysis by damondre94 about Symbol PAXG: Buy recommendation (10/24/2024)
https://sahmeto.com/message/2917061
damondre94
Rank: 12584
Analytical Power:
1.5

Gold is bouncing off a key support level. Price is possibly forming a head and shoulders as far as market structure. Buyers are still in control on higher time frames, any fall in the market is a great opportunity for buyers to go long towards 2800. we may range before the breakout but we will need a break above the 2740 resistance. secure profits as we head into the election as the dollar is bullish and so is Gold, none the less i anticipate based off market structure that we will see a continuation to the upside.
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$2,747.99