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

🧐📊 Stock Market Daily AnalysisWe start the week with Bitcoin reaching a new all-time high, driven by increasing demand as a hedge against inflation and its growing institutional adoption.Key points to consider:1.Bitcoin at record highs: Interest in this cryptocurrency as “digital gold” continues to rise, fueled by inflation expectations and widespread acceptance. This enhances its appeal for investors seeking protection in uncertain times.2.Gold in adjustment: Following recent highs, gold is showing a pullback, with potential support at $2,400. This decline reflects a technical adjustment after breaking its upward channel, as shown in the 4-hour chart. It remains a reliable safe haven amid high debt levels and economic tensions.Conclusion: Gold’s pullback may present a strategic opportunity for those looking to diversify, with $2,400 as a key zone for potential buying interest.This is not investment advice.