Technical analysis by ha_jahan2006 about Symbol PAXG: Buy recommendation (10/22/2023)

#XAUUSD_D This is a very positive signal! Four consecutive wave degrees show a clear POSITIVE trend. More and more wave degrees showing a positive trend increases the probability of strong acceleration! This signal applies to long term investors for the medium term for price moves of possibly 30% or more, since Primary, Intermediate and Minor Wave degrees are all up. The most certain price target is the target of the Minor wave degree, which is in at 2145 . Normally also the target of the next wave degree could be reached at 2317 and 2550 . It is better to wait for the price to reach the range of $1902 to $1925 in order to enter buying positions, because the probability of formation of micro wave ii at these prices is very high.