Technical analysis by alijtg about Symbol PAXG: Sell recommendation (3/7/2024)

alijtg

Hello to all traders. 😎😎 I hope all your deals will hit their targets. 🎉🎉 Gold has negative divergence in all time frames. There are currently two ways to get gold. The first path is the blue path. It means to go up to $2200 and then drop from there. What is important is that the candle that reaches 2200 should fall quickly from there and become a bright and long candle. The second way is the red path that can go from here. I think the red path is happening. The first target for gold is $2060 and the next is $2006 Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss🛑🛑🛑 ❤️❤️❤️The only friend you have in financial markets is your stop loss❤️❤️❤️ Please support me with your ✅' like'✅ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me 🙏😊 Be Happy , Ali JamaliIt is true that this is a weekly analysis, but I don't think it is a long-term analysis and we will reach the targets of this analysis this week. I will post an analysis on the lower time frameWe are moving on the blue path. This year is a golden year. I think every drop is an opportunity to buy and grow gold. But we need this fall for further growth