Technical analysis by K3FOERX about Symbol PAXG on 5/23/2024

XAUUSD XAUUSD DAILY UPDATE📊 Gold Spot Trading Zones Update 📊🔴 Supply Zone (Around 2360-2380)Strong selling pressure.Price tends to drop from this level.Ideal for potential sell opportunities.🔵 Demand Zone (Around 2330-2350)Significant buying interest.Price finds support here and tends to rise.Look for buy signals.🔵 Buy Zone (Around 2310-2320)Strong area of buying interest.Price often reverses upwards from this zone.Great for potential buy opportunities.💡 Key Takeaway: Use these zones to identify key support and resistance levels for better trading decisions!