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Technical analysis by Xolo333 about Symbol PAXG: Sell recommendation (10/7/2022)

https://sahmeto.com/message/2751393
Xolo333
Xolo333
Rank: 4516
1.8
:Sell
Price at Publish Time:
$1,705.29
Sell،Technical،Xolo333

Hello guys, I hope you are well today, my analysis in gold is mainly based on the daily downward trend, in 4 hours I locate the points where the price has touched which I mark with a red line, the purple line would be the last resistances where the price bounced previously, in the 1-hour period the price has made, in my opinion, a double top of that bullish micro-trend, now the rsi shows a decline, my decision to operate these last hours of the day and the week and maybe next week is to go short, looking for the last low reached, good luck to all.

Source Message: TradingView
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