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Technical analysis by TRADETITANWAQAS about Symbol PAXG: Sell recommendation (10/31/2024)

https://sahmeto.com/message/2935320
TRADETITANWAQAS
TRADETITANWAQAS
Rank: 29914
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Sell،Technical،TRADETITANWAQAS

GOLD price suggest a little pullback by making a Double Top along with divergence on 1 hr chart. Besides all the FUD and Chaos in the middle east and dropping interest rates around the world, Gold is still a favorite buy at this moment. Having said that on higher timeframe price looks overstretched and should make a retracement in the near future for continuation of a healthy uptrend. lets see how it plays out.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,784.24
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