Technical analysis by Ed_Ale about Symbol PAXG: Sell recommendation (12/8/2022)
https://sahmeto.com/message/2535588

Ed_Ale
Rank: 1011
Analytical Power:
2.7

Possibly the GOLD will start to fall or go back depending on the strength with which the price goes down since it can start to make an impulse (1 2 3 4 5) or just make a simple retracement (ABC) to continue rising and with it would invalidate my analysis. Today's money is going to bonds and not to equities and due to a potential economic crisis and with it gold would drop in the short or medium term.https://www.tradingview.com/x/7n686tma/Potential entry risk benefit 1:7
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$1,787.26