Technical analysis by ProTradeHub about Symbol PAXG on 7/23/2024

Gold is currently encountering resistance around the 2410 level, showing signs of consolidation. The next few hours will be crucial in determining its direction. Key Levels to Watch: If the price fails to break above 2410, I anticipate a downside movement towards 2392. A sustained breakout above 2410 could lead to a further advance towards 2424.