Technical analysis by KingofGold001 about Symbol PAXG: Sell recommendation (7/17/2024)

Gold rose above $2,470 per ounce on Wednesday, reaching a new record high, driven by increased optimism that the Federal Reserve will lower rates as early as September. Fed Chair Jerome Powell noted on Monday that June's lower-than-expected inflation boosted confidence in meeting the price growth target and added that the central bank will not wait for inflation to hit 2% before starting rate cuts. This was echoed by Fed Governor Adriana Kugler, who expressed cautious optimism on Tuesday that inflation is moving towards the target rate 🕯Technically: Currently, where gold's new peak is, we can only guess with round barriers, Sell rhythm should adjust vol appropriately. There is no important news today, take advantage of RSI, trendline and Breakout to trade when the gold price exceeds the threshold. Pay attention to important resistance zones. Limit SELL signals to 247x aSELL Zone: 2480-2490 gold 2450 Buy TP: 2480-2490 gold Sell 2480-2490 tp:2450Trade active: Gold went crazy yesterday! I guess a lot of friends lost a lot of money yesterday. Now maybe your order has been trapped or you have lost your account. Don't lose heart. I can help you when you meet me. If you want to solve your dilemma and you want to get your money back quickly you can contact meTrade active: We sold at 2476 and now make a $5 profit! The Asian trading period is ideal for scalpingTrade active: Gold once again came to the 2470 position, the next European trading period will be the time when gold to choose the direction, be careful to trade, otherwise it may burn your account, if you do not know how to trade can contact meTrade active: We sold gold today at 2476 and closed out at 2469! Then he bought gold in 2469 2477 to stop the profit! Scalping back and forth has already made us $13! Now we sold gold at 2477! 2477 for sale! If you want to get real-time trading signals, you can contact meTrade active: If you followed my trading signal advice and sold gold in the 2480-2490 range, you would have made a profit of more than $10 at this moment!Trade active: Now the profit is over $15! If you sold 1 lot of size you made at least $1500!Trade active: Contact me to get the latest trading signalsTrade active: I told you to sell gold at 2480 and now the price is 2460 and you made a profit of at least $20! That's $2,000 for a single hand! If you also want to get a high profit you can click on my website to see my contact informationTrade active:Trade active: I told you to sell gold at 2480 and now the price is 2460 and you made a profit of at least $20! That's $2,000 for a single hand! Gold is now at 2456 and approaching our target of 2450! Today a lot of friends with my help to get a big profit! If you also want to get a big profit, contact me!Trade active: We can take profit at the position near 2450 for the first transaction! Pay attention to whether 2450 can fall and break through. If it cannot break through, then we can enter the second transaction signal and buy gold at 2450! If it breaks through, it will continue to fall! Because 2450 is the first strong support positionTrade active: If you had listened to my signal and bought gold at 2450 you would have made $10 again!Trade active: If you had listened to my signal and bought gold at 2450 you would have made $10 again!Trade active: If you want to get live trading signals, you can find me on my websiteTrade active: If you want to get live trading signals, you can find me on my websiteTrade active: Thursday will be a very good market! If you want to take advantage of the remaining two days of the week, you can contact meTrade active: Yesterday, I told you to sell gold near 2480! TP: 2450 Then buy gold at 2450 tp:2480! Although the second transaction did not reach 2480, it also reached 2473! Scalp back and forth and you can make a profit of at least $50 +! Today's pressure and support price unchanged! 2450 is the first support position! 2480-2490 is the first pressure position Now the price of gold is 2473, we can sell gold at this position in the Asian trading period! 2473 sells TP 2450Trade active: We've more than doubled our profit this week! If you want to follow my lead and get live trading signals and more than double your profits every week, contact me!Trade active: