Technical analysis by MichaeliaDefoe about Symbol PAXG: Buy recommendation (11/5/2024)

Good morning, everyone! A new day, a new opportunity! Yesterday’s trading brought us solid profits, and today we aim for even more gains.In the current gold market, I believe buying is the optimal strategy. In the short term, gold is likely to rise before a potential pullback. What’s behind this view?Take a look at the 30-minute chart: gold has successfully broken through the MA60 resistance and has formed a “morning star” pattern—a strong bullish signal indicating increased upward momentum. If MA60 can hold as support, gold is expected to rise to around 2745, possibly even reaching 2750.30 minutes to the election, I will look for an opportunity to start selling goldA quick drop. Selling for a perfect profit,