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Technical analysis by pcnafi about Symbol PAXG: Buy recommendation (12/2/2024)

https://sahmeto.com/message/3027621
pcnafi
pcnafi
Rank: 3940
1.9
Buy،Technical،pcnafi

Gold, I see the movement as bullish and expecting a reaction above the 2688 level. I can see the liquidity above that top and a gap that gold might fill before any downturn or even continuation to the upside, which is possible because of the seasonality. Technically am good to look for bullish bias with any setup I get here above level 2605. the market can break 2605 and continue to the upside as well in another scenario which am seeing it as a lower probability for now. let's see how the market gonna play this scenario for now As always, market wins! trade with care. be a part of the market XAUUSD XAUUSD DXY US10Yif you are in, we are good to add small buys with small risk to the trade which we might close 2660 level or belowsecure partiallook for new buy entry below 2655 to same old targetfinally we made it

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$2,634.45
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