PAXGUSD: A Crypto tracking Gold & ownership of the asset
Easier simply to quote what it's all about from their website Paxos.com
PAXG offers investors a cost-effective way to own investment-grade physical gold with all the benefits of the blockchain. Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London.
Will Hedge Funds Turn to Gold Post Fed Rate Hike? Prudent Move?As we all know, the Federal Reserve's decision to raise interest rates has far-reaching consequences for various asset classes. Historically, Gold has often been perceived as a haven during economic uncertainty. With the Fed signaling a more hawkish stance, it's worth considering whether hedge funds
PAX GOLD SETTING UP NICELY. With the current economic climate swirling around debt like a hurricane, fiat currencies will be the big loser. People are waking up to the fact that currency is printed out of thin air, and in times of emergency - oblivion! Commodities will be the big winner, and cryptos with real world utility.
PAXGUSD - Tested & Broken Channel SupportPAX Gold has had a really healthy upward momentum for a couple of months, gaining well over 10% in the process; but now we have broken this clear channel on the underside.
Are the bears coming for PAXG? Or could this be a quick fakeout before returning to channel?
We have received a short signal f
Gold PAXG trend based fibonacci analysisAccording to the trend-based fibonacci analysis, PAXG gold will rise until it reaches $1658 USD or rise 1.26% or $26.07 USD
24-hour trading volume of $3,541,319 USD
PAX Gold is down .08% in the last 24 hours. CoinMarketCap's current ranking is #66, with a market cap of $532,708,649 USD. It has a cir
Long PaxGold + Mana, Short BitcoinHere's the simplest way to play crypto over the next few months and still make money:
1st Simplest Profitable Crypto Setup into 2022:
-Long PAXGOLD
-Shit SHORTCOIN
Here's the second simplest and probably worth the non-existent risk at these levels:
-Long PAXGOLD
-Short Bitcoin
-Long M
GOLD (PAXG) ANALYSIS BIG DROP!Hello everyone,
Today I have brought a PAXG analysis for you.
According to my estimation, the price will hit again the resistance level above.
After the retest of resistance, the price is likely to fall a price range below the current support level.
From there, the market should become bullsiher.
PAXG the coin of the momentFor those who don't know PAXG it's a crypto which value is related with the reserves of gold of a company called Paxos. Since Putin decided to attack Ukraine, as in every conflict, XAU (gold) started climbing after years of stagnancy and this drove up PAXG price as well.
PAXG has been in constant
See all ideas