Technical analysis by IAm_Ryder about Symbol PAXG: Sell recommendation (6/12/2024)
https://sahmeto.com/message/2006746
IAm_Ryder
Rank: 20742
Analytical Power:
1.4

Dear friends! Today's world gold price is listed on Kitco at 2,314 USD/ounce, an increase of 11 USD/ounce compared to yesterday's trading session. Currently, traders are worried about the Fed's policy meeting on June 12 because if the inflation report does not show any improvement, the Fed will not signal to lower interest rates soon. This means that both the USD and US yields will rise, to the detriment of gold.Trade active
Translated from: English
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Signal Type: Sell
Time Frame:
4 hoursProfit Target:
$2,260Price at Publish Time:
$2,315.49