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Technical analysis by ShrewdCatfx about Symbol PAXG: Sell recommendation (4/18/2024)

https://sahmeto.com/message/1689822
ShrewdCatfx
ShrewdCatfx
Rank: 2747
2.1
Sell،Technical،ShrewdCatfx

Hello traders.. gold has been making all time highs. The last all time high was created with consumer sentiment news that miss forecast for the USD last friday. Since then we've been going sideways and are currently in a 4hr range between 2,393 and 2,360. The weekly candle is bullish & the last 2 daily candles have closed bearish. The 1hr candle is currently bearish during Thursday NYSE as price appears to be rejecting the Daily resistance (2,383) once more. We may retrace back to the bottom of the range at 2,360

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,396
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