Technical analysis by forex_info about Symbol PAXG: Sell recommendation (7/7/2024)
https://sahmeto.com/message/2172013
forex_info
Rank: 5651
Analytical Power:
1.7
The gold price has reached our first target with a 1350+ pips gain, completing Elliott Wave A. It has now retraced 50% to 61% to form Wave B at a key resistance level. We anticipate a bearish move towards completing Wave C. We plan to enter a sell position following bearish price action on the daily timeframe.
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Signal Type: Sell
Time Frame:
1 dayProfit Target:
$2,080Price at Publish Time:
$2,354.34