Technical analysis by Explorer-k about Symbol PAXG: Sell recommendation (9/18/2024)
https://sahmeto.com/message/2653240

Explorer-k
Rank: 20789
Analytical Power:
1.5

Gold rebounds from a high level and forms a top. Don’t chase long easily. Gold rebounds are an opportunity to go short.The four-hour line is an obvious arc top pattern, which means that the upper shadow line is constantly closing, and all the K lines are going down along the moving average, which is an obvious suppression;So the trading strategy is;Short gold at 2570-75, target 2550, stop loss 2580SELLWaiting for descentSL
Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$2,582.44