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Technical analysis by cgeraghty88 about Symbol PAXG: Sell recommendation (10/1/2021)

https://sahmeto.com/message/2680302
cgeraghty88
cgeraghty88
Rank: 9464
1.6
Sell،Technical،cgeraghty88

Hi, I'm looking to sell Gold. Price is in a clear uptrend however I feel there is still room for price to finish its correction before resuming in Bullish momentum. Price has respected my micro down trend for the past 4 months and is currently rejecting the 38.2 fib level on the Daily TF and is respecting the 200 EMA on the 4H. I feel this can potentially sell to my Daily trend line at 1711 before resuming in Bullish momentum. Any thoughts?

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$1,816.48
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