Technical analysis by Aleksin_Aleksandar about Symbol PAXG: Buy recommendation (11/18/2024)

The price of gold has a chance to return above the $2600 level this week. During this morning's Asian session, gold managed to break through the previous movement zone and form a new higher high. We are currently testing the EMA 50 and hoping for a continuation to the EMA 200 in the $2620 zone.