Technical analysis by Harusaki about Symbol PAXG: Sell recommendation (5/30/2024)

Beautiful N Pattern in Gold Towards $2300 Disclaimer: This is not a trading signal. Enter at your own risk. I am not entering a new position now. I have already shorted from $2361 and placed my stop-loss in the profit zone.Price can not break below 2320. Gold (XAU/USD) recovers and trades in the $2,340s on Thursday after the US Dollar (USD), to which it is negatively correlated, weakens following the release of the second estimate of US GDP data, which was revised down due to slower consumer spending. Closed at $2348