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Technical analysis by whitekidspaz about Symbol PAXG: Sell recommendation (10/14/2024)

https://sahmeto.com/message/2896604
whitekidspaz
whitekidspaz
Rank: 24866
1.1
Sell،Technical،whitekidspaz

I went long gold during the last trading event hosted by TradingView, Now I know that wasn't the exact bottom tick, but I'm not looking for that. I want to catch the meat of a move, and I think gold is overextended here. I think a push up past 2715 with it holding the move, would invalidate my thesis, and I'd be early, I'm not taking entries YET, but in the next coming weeks I think opportunity will be ripe to pick easy fruit and get entries around 2675-2685. I'm also becoming short on BTC here (that's for a different posy) and I think that plays a part in real world assets. Also we have the signals for overbought a little grouped up, I just think its about time we put in a local top at the least.

Translated from: English
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Signal Type: Sell
Time Frame:
3 روز
Price at Publish Time:
$2,672.76
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