Technical analysis by NicoTradingMaster about Symbol PAXG on 10/11/2024

The market is expecting an 84.9% chance that the Fed will cut by 25 basis points at its November meeting. Some other experts also expect gold prices to continue to rise in the coming time due to global economic and geopolitical instability. Despite the pressure from fluctuating US interest rates and geopolitical tensions, the precious metal remains a safe choice for long-term investors.XAUUSD sell 2643-2645 TP1: 2634 TP2: 2626 TP3: OPEN SL: 2650