PAXG may peak now & decrease before 2023-03-18, then increase again after finding a short-term bottom.
Note
Risks of the on-set of a recession near 2024-01 or 2025-01 (if it's running later or if more time is bought) can keep gold prices higher than today's price. When combined with inflation risks, gold is set for higher levels. However, there may be a natural mild dip like the one we are in now, followed by much higher levels through (perhaps) 2026-01.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.