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Technical analysis by AnalytixEdgeByQasim about Symbol PAXG: Sell recommendation (5/15/2024)

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AnalytixEdgeByQasim
AnalytixEdgeByQasim
Rank: 7020
1.5
Sell،Technical،AnalytixEdgeByQasim

- Gold does follow a particular pattern for bullish impulse move. - Recently, most of the gold bullish impulse moves followed a particular duration before the market turned around. - 40 to 45 days is the range which gold remains bullish, after that price turns around. - Considering, its recent impulse move, it has completed its 41 days cycle of bullish impulse, hence a turn around is imminent.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$2,365.88
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