Technical analysis by AnalytixEdgeByQasim about Symbol PAXG: Sell recommendation (5/15/2024)
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AnalytixEdgeByQasim
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- 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.
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$2,365.88