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Technical analysis by i_am_siew about Symbol PAXG: Sell recommendation (4/7/2024)

https://sahmeto.com/message/1650521
i_am_siew
i_am_siew
Rank: 16754
1.5
Sell،Technical،i_am_siew

The chart above explains.Price has now reached a critical area. What had happened so far is within ANTICIPATION. Price is just moving up aggressively - driven by none other than the MARKET MAKER for just one reason. It is not because they love XAU or whatever shit we may have heard from the MSM. Their reason is simple - Liquidity Grab. They are after all the money the Hedge Fund had put in going short - which we can see in the volume chart. What can't go on forever will eventually stop.Let us be prepared to reap some profits.Good luck.P/S : As usual, do not just believe what I say. Use your common sense.As anticipated, Gold is losing its shine.What's next? Better watch out for stocks$ may rise which is what the Market wants - But Yellen would think otherwise. I am not sure who will win - 50/50 chances.Good luck.Gold has just retraced 61.8%Just like in 2020 and 2022, we should know what comes next.If gold were to FALL, most likely DXY will RISEGood luck.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$2,307.35
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