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Technical analysis by adnandn about Symbol PAXG: Sell recommendation (9/15/2023)

https://sahmeto.com/message/2694665
adnandn
adnandn
Rank: 17864
1.5
Sell،Technical،adnandn

After an aggressive push towards the downside, we can see that the price has bounced. However, with low buying volume and one fresh supply ahead, I see a potential for another move down for XAU. I already marked 1922.5 - 1924.5 area as one of a good potential entry for sell position, with a stop loss tightly placed at 1926 or 1926.5. As usual, always do your own research, and this is not a financial advice.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$1,900.4
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