Technical analysis by mahmoudmahdi24 about Symbol PAXG: Buy recommendation (11/7/2024)

I am entering a long position on XAUUSD as we're hitting an interesting support zone on the 1h timeframe.Bollinger band are not wide anymore, and the price action is showing that price is trying to go back.If the support zone is broken, we'll immediately leave the idea with a small loss.I also placed a buy limit order on the following price : 2655.31.the price is going in our direction which is great ! let's check if we'll have a pullback or not.