Technical analysis by Chart_Champ1 about Symbol PAXG: Buy recommendation (12/27/2024)

A key support line, which has consistently triggered reversals in gold since March 2024, is once again within reach. With gold prices currently hovering near this critical level, a rebound is likely. Market Analysis:- Geopolitical tensions and trade war fears are supporting gold prices.- Hawkish Fed outlook is capping gains.Trading Strategy:Signal: BUY GOLD (XAU/USD)Buy Zone: $2600-$2615Stop Loss: $2590 TP1: $2635 TP2: $2655 TP3: $2675 TP4: $2700Take Profit 2 Done. Running profit 450+ Pips. It may reverse down here for waterfall close your buy trades at this point.