Technical analysis by NeverNO about Symbol PAXG: Sell recommendation (11/13/2022)
https://sahmeto.com/message/2715634

NeverNO
Rank: 7849
Analytical Power:
1.4

Here is a very bearish scenario.I only have one condition to make it work:In the next 6 weeks (i.e. until Christmas) there should not be a close above $1810 on a weekly basis, otherwise the pink i would be the 4 and the bullish wave 5 would rise above the last ATH.1786.42 reached!Gold hit 1807.29 and immediately rebounded.Contrary to my main chart, here I am considering a potential wave 4 which is an option as long as gold is above 1729.46 (green line).
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Signal Type: Sell
Time Frame:
1 weekPrice at Publish Time:
$1,744.2