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Technical analysis by absidheeqm94 about Symbol PAXG: Sell recommendation (9/8/2024)

https://sahmeto.com/message/2587790
absidheeqm94
absidheeqm94
Rank: 19937
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Sell،Technical،absidheeqm94

Technical Analysis: Gold has recently is trading in a big range, ideal entry point for a long position as shown in chart. This gap signifies a potential imbalance in the market, with buyers likely to step in and drive prices higher.Fundamental Analysis: With ongoing economic uncertainties and inflation concerns, gold remains a go-to safe-haven asset. This adds additional confidence to the bullish technical setup.Risk/Reward Ratio: Manage your risks 1:3🔥 Join the Journey!Follow me for more detailed trading strategies and real-time setups! I’ll keep you updated on this gold trade and others as they develop. Let’s make the most of these market opportunities together! 💪💬 What’s Your Take?How do you see this gold trade playing out? Let’s discuss in the comments!

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Profit Target:
$2,468
Price at Publish Time:
$2,499.98
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