Technical analysis by borsadigital about Symbol PAXG on 11/11/2024

📝 While gold prices were trading at record levels, the expectation that geopolitical tension in the Middle East would decrease with D. Trump winning the presidency created serious selling pressure. 📝 In fact, there was already a strong expectation of profit realization technically. This could be said to have become a bit of an excuse as a basic argument. TECHNICAL ANALYSIS📉📈 I personally think that the increase in gold prices on an ounce basis is now complete and that the gradual decline will continue. 📉📈 I predict that this decline will be priced gradually within the 2685-2586 dollar band. 📉📈 The 2586 level is seen as the most important support point that will determine the course of ounce gold. ℹ️ The investment information, comments and recommendations contained herein are not within the scope of investment consultancy.