Technical analysis by sabiotrade about Symbol PAXG: Sell recommendation (11/6/2024)
https://sahmeto.com/message/2950677

sabiotrade
Rank: 11719
Analytical Power:
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#trading_idea 🔔👑#Gold- Falling Down! ↘️Gold Slips Amid Strong Dollar, U.S. Election Reaction ☄️📉Gold has dropped below the key $2,700 level as the dollar strengthens with U.S. election developments. Momentum indicators have dipped below the trendline, suggesting further declines, while the 20-day moving average remains significantly higher.Suggestion:🔽Sell. 🎯 TP at 2680🔴 Click "❤️" if you agree with this idea and "👎" if you think it will fall.➡️➡️ TRY SABIOTRADE NOW
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2,683.98