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Technical analysis by ForexGlobal about Symbol PAXG: Sell recommendation (9/11/2023)

https://sahmeto.com/message/2863353
ForexGlobal
ForexGlobal
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Sell،Technical،ForexGlobal

* The upcoming release of the August U.S. Consumer Price Index (CPI) on Wednesday holds the potential to influence the Federal Reserve's interest rate strategy for the remainder of the year.* In preparation for their scheduled policy-setting meeting later this month, Federal Reserve policymakers have articulated two key sentiments: They lack eagerness to raise interest rates, yet they remain cautious about declaring unequivocal success.* A Reuters survey of economists indicates that the European Central Bank is likely to maintain its current interest rates on September 14. However, a significant portion of respondents—just under half—anticipate an additional rate hike later in the year as a measure to combat inflation. GOLD SELL LIMIT 1924 - 1926 🟢TP1: 1921🟢TP2: 1917🔴SL: 1930

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$1,900.46
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