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Technical analysis by MrCharlie1 about Symbol PAXG: Sell recommendation (10/23/2024)

https://sahmeto.com/message/2916590
MrCharlie1
MrCharlie1
Rank: 22020
1.4
Sell،Technical،MrCharlie1

It looks like you’re sharing a trading idea for XAU/USD (Gold vs. US Dollar). Here's a clearer version of the analysis:- **Current Position:** The market is around 2716.- **Resistance Level:** If the price approaches 2720, it could act as a resistance.- **Trading Strategy:** Focus on the sell side, aiming for downward movement.- **First Target:** 2705.- **Second Target:** 2690.The idea is to keep holding the short position and follow this setup, expecting the price to move lower toward the specified targets if the resistance holds. Would you like more details or technical analysis on this setup?PS Support with like and comments if you find this analysis useful for your Trading DayTrade Active from same zone 2716 to 271240 Pips Running Amazingly Guys Keep Fallow Guys

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,732.75
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