Technical analysis by Prothtraders about Symbol PAXG on 10/29/2023

XAUUSD / Nice last update, I hope you took advantage of it. We currently have more than 2,000 gold closed. What I did not expect was that there would be a pullback on Friday. I see the next movement like this, where we currently have a supply range, although it is difficult to guess the direction of where it will shoot today. But at the moment I am waiting for another bounce to 1993.78..that price will again be very interesting to buy..I will definitely set a buy limit and wait for further price development. If the price were to go below 2000 now, we would trade again in sideways consolidation. But I won't get ahead of myself, let's wait for Monday... and he will show the direction. The important thing is that we closed over 1997✅