Technical analysis by TradingForecast_Signals about Symbol PAXG on 2/21/2024

Dear friend, what do you think about the trend of Gold? Today, the price of gold is at its highest level in many days, reaching $2,030 before the Fed's minutes. The US dollar remains weak against the interest rate of the US Treasury, despite the gloomy risk sentiment. My target after a slight decline in the gold price towards the support level of $2019 (which coincides with the convergence of EMA 34 and 89) will be an increase with a target of $2031, followed by a breakthrough and reaching the final target of $2044. What are your thoughts? Good luck with your trading!