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Technical analysis by Khalifapatrick about Symbol PAXG: Sell recommendation (8/15/2024)

https://sahmeto.com/message/2542991
Khalifapatrick
Khalifapatrick
Rank: 1238
2.6
Sell،Technical،Khalifapatrick

XAU/USD is currently on a downward trend, with its price dropping from 2455 to 2434. This indicates a consistent decline in the value of gold relative to the U.S. dollar. The trend suggests that the market sentiment might be bearish, with sellers dominating the market.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,449.94
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