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Technical analysis by MarkhorTrader about Symbol PAXG: Sell recommendation (11/19/2024)

https://sahmeto.com/message/2985386
MarkhorTrader
MarkhorTrader
Rank: 1973
2.3
Sell،Technical،MarkhorTrader

Gold is encountering rejection at the critical 0.618 Fibonacci retracement level, coupled with a bearish divergence formation. This technical setup suggests potential downward pressure in the near term.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,646.03
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