Technical analysis by Nexus-Trading about Symbol PAXG: Buy recommendation (10/31/2024)

Hello everyone!Today, the price of gold continued to increase slightly and did not fluctuate much compared to the previous trading session, currently fluctuating around $2787.Gold continues to benefit as the uncertainty ahead of the US presidential election boosts demand for this precious metal as a safe haven. In my personal opinion, there are many factors supporting gold and can push the price higher. The forecast for this precious metal price can reach $2,850/ounce in the near future. What do you think about this view?