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Technical analysis by tsfx about Symbol PAXG: Buy recommendation (12/9/2024)

https://sahmeto.com/message/3049940
tsfx
tsfx
Rank: 24939
1.4

GOLD choppy at upward trendline but showing strength now

Buy
Price at Publish Time:
$2,654.27
Buy،Technical،tsfx

GOLD is in a strong upward trend. It tried to break the trendline but failed to do so and then became choppy for a while. Today seem to be closing a nice upward day suggesting trend continuation. Trading the trend with a stop below todays momentum candle low provides a solid Risk Reward opportunity here.

Source Message: TradingView
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