Technical analysis by InvestingScope about Symbol PAXG: Buy recommendation (10/29/2024)

Gold is heavily bullish on its 1D technical outlook (RSI = 67.558, MACD = 11.460, ADX = 25.892) as supported by the 4H MA50, it is approaching the top of the 3 month Channe Up. Compared to the two bullish waves before it, the 4H RSI shows that there is still at least another 2 days on this uptrend. Stay bullish (TP = 2,800) and sell on the first sign of rejection near the top.See how our prior idea has worked out:## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##