Technical analysis by DCBFOREXTRADING about Symbol PAXG on 10/4/2024

This Gold (XAU/USD) 1-hour chart shows price approaching the key supply zone between 2668 and 2678. A potential reversal is expected from this area, with a possible drop back towards the demand zone around 2644-2640. Traders should watch for bearish price action signals in the supply zone for short setups, with confirmation of a breakdown.