Technical analysis by I_Am_A_Bear about Symbol PAXG: Sell recommendation (9/6/2023)
https://sahmeto.com/message/2623667

I_Am_A_Bear
Rank: 15519
Analytical Power:
1.4

Hi fellow traders, As you can see here we have a breakout here in daily chart of XAU/USD. Parabolic SAR also shows a downtrend which can be useful in out analysis. If the gold candle close below the 1920.8(the yellow line) I would go for a short position. Entry: close below 1920.8 TP-1, TP-2: the two blue lines(powerful supports) SL: maybe about ~1945 DON'T enter the trade before the close. what's your opinion? please like and comment!as we opened our trade in 1915 I still expect the 1902 level
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$1,909.9