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Technical analysis by UnderstandForex about Symbol PAXG: Sell recommendation (4/24/2024)

https://sahmeto.com/message/1719070
UnderstandForex
UnderstandForex
Rank: 22949
1.4
Sell،Technical،UnderstandForex

Today we're looking at shorting gold, why? Well we spotted two deep liquidity areas, noticed the overall order books where indicating a strong sell and did the opposite of what the news said. However, we still are speculating so keep the risk small and the reward large. Happy profit.Stop was hit, underestimated the push to the upside. However, 2334 would of been the entry. We will make note of this for next time on the chart. It was a price we considered.

Translated from: English
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Signal Type: Sell
Time Frame:
15 minutes
Price at Publish Time:
$2,295.96
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