(🪙 PAX Gold ($PAXG ): Digital gold on the blockchain! 💎)
October 4
🔹 Each PAXG coin = equivalent to 1 real ounce of gold stored in London.
🔹 Fully backed by actual gold and authorized by the New York Financial Authority.
🔹 Combines the safety of tangible gold + the speed and liquidity of blockchain.
🔹 An ideal tool for hedging against inflation and volatility.
📊 Quick Analysis:
The price moves almost in line with global gold prices.
Strong support at gold levels ($1840 – $1850).
Any break above $1900 could open the door for new gains.
💡 Conclusion:
PAXG = a safe investment, high liquidity, and suitable for people who want to hold gold but in a digital and easily tradable form.
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