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Technical analysis by Gold_Gain_Analysis about Symbol PAXG: Sell recommendation (5/3/2024)

https://sahmeto.com/message/1762037
Gold_Gain_Analysis
Gold_Gain_Analysis
Rank: 20229
1.4
Sell،Technical،Gold_Gain_Analysis

Gold's 1-hour moving average continues its downward trajectory, indicating a potential short position. Although there was a brief rebound, Gold quickly retracted after a momentary surge. Bulls are inactive, giving bears the upper hand in market control. If Gold crosses the 2281 mark once, it's poised to plummet further.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,287.02
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