Technical analysis by DealerBTC about Symbol PAXG: Sell recommendation (8/27/2024)
https://sahmeto.com/message/2566310

DealerBTC
Rank: 4156
Analytical Power:
1.7
DEALERBTC $GOLD $XAUUSD My Thoughts: Looks Very Dangerous
:Sell
Price at Publish Time:
$2,503.05

Looking at how the weekly candle is setting up, there may be serious danger brewing for the bulls. In my opinion, failure to push higher to new highs + break below August low may produce a heavy bleed down to near yearly open around $2072. This trade idea is not any kind of financial advice. I am not any kind of financial advisor. Thanks for hitting the like button and for following me!Go bulls
Source Message: TradingView