Technical analysis by IanColeman about Symbol PAXG: Buy recommendation (23 hour ago)

Although we witnessed initial buying pressure in Gold, sellers emerged inside the supply zone from October 20. Follow-through bearish momentum resulted in the commodity closing with little net change. From a technical perspective, we continue to trade within a bullish channel formation. A full AB=CD formation will take us to $4,367. Trendline resistance is currently located at $4,434. We have a support zone between $4,225 and $4,204. Conclusion: there is no clear indication of a change of trend. We continue to make higher highs and higher lows. **I look for dips to find buyers**