$PAXG 4574
$XAU
We are already in a good moment to buy $PAXG ? I'm buying!
Gold has shown great volatility in the last hours, while the #dxyindex has remained relatively stable.
Being gold an asset that suffers great geopolitical influence, it can be assumed that it has been a reflection of the latest news from the war #USAISRAEL- IRAN.
Another factor that may have influenced this movement was the meeting of #FED maintaining the interest rate unchanged.
Looking at the 1D chart, there is a support in the range of 4550 and a resistance at 4800.
With all this geopolitical mess, it is quite difficult to predict the next movement. But I consider this a good buying point!
PAXG
4,515.38
-0.03%