Technical analysis by Jackeyloves about Symbol PAXG on 11/6/2023

The price range between 2004 and 1976 has been maintained by gold for more than a month. Since the conflict in the Middle East broke out, gold has been in this price range and is waiting for an opportunity to break through.Instead of the Israel-Hamas conflict strongly affecting the gold market, it will now turn to a Fed rate cut, with the only question being when and by how much.In the near future, the 2000 support zone will be a place for gold to rely on and maintain stability above the 2010 level.Plan trading BUY GOLD 1975-1977 SL 1972waiting gold hit entryGOLD HIT trendline in zone 1972BUY AGAIN 1971-1972 SL 1969