Technical analysis by Wakeel_Saab about Symbol PAXG: Buy recommendation (10/28/2024)

We have a mixed overview on gold as todays market opening has gone against our anylisis but as i always say no one is perfect in this market there is a probability Rati in this game so we are still bullish over gold but as gd is moving in a Minor 1H channel and has is consolidating in the channel we will be looking for buys when the pair breaks the channel above and currently its moving to its 4H Support level if price rejects the level and moved back and breaks above the newely formed resistance level of 2740-44 we will seek a bullish position as the price is consolidating we are bearish to 4H Support