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Technical analysis by linofx1 about Symbol PAXG: Buy recommendation (1/15/2025)

https://sahmeto.com/message/3167907
linofx1
linofx1
Rank: 93
3.4
Buy،Technical،linofx1

I am impressed with the way Gold responded to the marked daily/intraday horizontal support following a slight decrease. Initially, there was a double bottom formation, followed by a breakout above its neckline. I believe that the market has the potential to keep increasing. The next obstacle to overcome is the intraday resistance at 2695.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$2,683.6
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