Technical analysis by alongwineer about Symbol PAXG: Sell recommendation (10/11/2024)

Bros, gold gradually rebounded to around 2650, breaking through the short-term resistance of 2530-2540, but according to the current conditions, gold does not have the conditions to form a unilateral upward trend. Therefore, in the short term, gold still needs to retreat downward, and the key resistance area above is around 2655-2660, so I will continue to short gold in this area.Bros, do you have the courage to short gold?Bros, short gold directly in the 2655-2660 areaGold stalled near 2660, right at the trend channel pressure, where gold is likely to resume its decline.Gold is currently building a top structure, and it is very likely that gold will start to pull back from here and test the 2630-2620 area.