Technical analysis by PipsEarner about Symbol PAXG: Buy recommendation (10/20/2023)

XAUUSD has been trading on fundamentals for the past 2 weeks and we've had all our targets taken starting from 1950.50 to 1980.00 a resistance level which was successfully broken earlier today. We've bagged about a solid 300pip move to the upside in profits and now the pair looks to advance towards 2000.00. Chances are extremely high that if this market sentiment continues and we close above 2000.00, we'll be seeing Gold trading at 2050.00 to 2080.00 within the next couple of days.