Technical analysis by Chouu about Symbol PAXG: Buy recommendation (12/27/2023)

Golden strategy today! Hello everyone, today gold is moving around the level of 2065 USD and still maintaining stability for the last recovery phase of 2023. Although this precious metal couldn't surpass the resistance level of 2070 USD yesterday, the upward momentum is still preserved as the trendline indicates an upward trend. With a breakout above the resistance level of 2070 USD, gold is likely to increase even more as the market has bet on a reduction in interest rates in 2024, and gold may establish a new record high. Wishing you happy and successful trading. Please leave your comments below in the comments section!Trade activeComment: The main factor supporting gold is still expecting central banks to be more peaceful in monetary and interest rates in the next few years.Comment: