Technical analysis by asadiii about Symbol PAXG: Sell recommendation (8/16/2024)
https://sahmeto.com/message/2543197
asadiii
Rank: 18543
Analytical Power:
1.5
Gold is trading in a Uptrend,But the pair is retest the all time high strong resistance level and double top pattern on the top and also making Bearish Divergence on RSI.My sell limit is placed on fib level of 61.8%we are Bearish biased and my target is strong support level of 2410.Sell!
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$2,453.95