Technical analysis by Le-Loup-de-Zurich about Symbol PAXG: Sell recommendation (8/23/2024)

GOLD: Bearish: WOLFE Wave detected + DivergencesThe Wolf of Zurich has detected a Wolfe Wave on the XAUUSD.The price could reach 242 then 2291In addition, there are two divergences with the price: The ROC Rate of Change and the RSI.To watch the exponential moving averages 50 and 20, as well as the Fibonacci levelsWe have reached the price of 2520 that I will indicateThe maximum can be 3000. So be careful!!