Technical analysis by Captainobvious5454 about Symbol PAXG: Sell recommendation (11/6/2024)
https://sahmeto.com/message/2950604

Captainobvious5454
Rank: 4094
Analytical Power:
1.7
who even is shorting gold right now? welp thats me.
Sell
Price at Publish Time:
$2,690.89

Gold surge is mostly because of war concerns, trump assuming office will provide us peace in the long run.. we have a structural edge with 2 sizes 1 is already confirmed and the 2nd one is theorized. now that we break and lose levels below the neckline we will visit the larger structure pattern for the right shoulder. a bearmarket rally to the right should should provide the test and confirmation for a larger distribution on a larger scale. my home run is on 2400 area but i will take profit on any major levels and keep my position running and hedge ofc against it. GL to all traders and investors.first hedge area reached profits are juicy <3
Source Message: TradingView