Technical analysis by mehdi3663digital about Symbol PAXG: Buy recommendation (10/24/2024)

Gold is trading in a 4-hour ascending channel, which has fallen to 2708 after rising to 2759 dollars and faced selling pressure. Here, the demand for gold was again seen in the market and moved the price up to 2739. Currently, there is a possibility of sellers entering and correcting the price to the bottom of the ascending channel in the area of ​​2690. I expect price growth from there to see a new ceiling at $2,800.