Technical analysis by Alezlacxori about Symbol PAXG: Buy recommendation (11/29/2024)

With the day candle closing in green with a long body, representing continued buying efforts, it is expected that there will be a slight decline at the beginning of the week and the price will continue to push to higher areas. It is expected that the short-term target price next week will be at 2680-2685.Entry buy: 2640-2644Updated plan: With the strong downward push of the price closing the weekend candle, the price is likely to sweep down to the Order Block area below at 2633-2635-2637. And this action is still within the allowable range of the bullish continuation structure.Updated plan: The correction phase was deeper than expected, however the price was still within the range of the continuing uptrend without breaking the low swing zone H4. The uptrend may continue to the 2660 - 2680 range.