Technical analysis by MichaeliaDefoe about Symbol PAXG: Sell recommendation (11/7/2024)

Following Trump’s election-driven downturn, gold prices have fully rebounded, climbing back to the $2700 mark. However, after this sharp rise, signs of a potential pullback are becoming apparent. I believe gold is nearing a short-term peak, making this an opportune moment to start selling and capture possible downside moves to lock in profits during the adjustment. Keep an eye on the market and stay flexible to manage the upcoming volatility.