Technical analysis by Western-cowboy about Symbol PAXG: Buy recommendation (10/24/2024)

Remain optimistic, gold will rise to 2785 after correctionA few moments ago price entered to pennant, where it at once bounced up from support line and rose to $2625 level.Soon, price broke this level, and quickly reached resistance line of pennant, but then made correction back.After this, price rose to resistance line and some time traded near, after which bounced down, exiting from pennant.Also, Gold broke $2625 level, but soon started to grow inside rising channel and later broke this level one more time.Inside channel, price made a gap and some time later reached resistance line, breaking $2720 level and recently making correction.Now, I think that Gold can firstlty fall to support level and then continue to grow to $2785Hello friends, I have said more than once before that the market is very unstable this week, many friends because they can not control the risk, resulting in their own account losses, or locked, I also saw a lot of friends in this week's blind trading burned their accounts. You should know that opportunity and risk coexist, and control the risk first, then control the profit. If you are currently losing money, or your account is locked, or you are a new trader, you can contact me. No matter what problem you have, no matter how much money you have, you can always get my help! At the same time, I also assure you that if you can not harvest your enough satisfactory profit, I will not charge any fees!