Technical analysis by TheCryptagon about Symbol PAXG: Sell recommendation (10/30/2024)
https://sahmeto.com/message/2934813

TheCryptagon
Rank: 634
Analytical Power:
2.9

Gold / XAUUSD is trading inside a Channel Up for almost 5 months.Today the price hit the pattern's top while the 4hour RSI is on Lower highs instead.That's a standard bearish divergence, the formation that emerged on all three previous Higher Highs of the pattern.This is a short term sell opportunity. Sell and target 2725 (Fibonacci 0.382).Follow us, like the idea and leave a comment below!!
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$2,784.58