Technical analysis by NovaFX23 about Symbol PAXG: Buy recommendation (11/20/2024)

**Update on Gold (XAUUSD) 📈**The previously shared setup is no longer valid, as Gold failed to break below the neckline of the double top pattern. Instead, it now shows signs of shifting toward a bullish trend.On the 4-hour chart, we’ve identified a descending resistance trend line that has been successfully broken. The key focus for buyers is the resistance zone between 2638 and 2655. A decisive break and close above this range would confirm a strong bullish signal, potentially paving the way for a rally toward the 2700 level.