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Technical analysis by Stackin_Guap about Symbol PAXG: Sell recommendation (11/22/2024)

https://sahmeto.com/message/2991377
Stackin_Guap
Stackin_Guap
Rank: 13482

GOLD Short scalp 22/11/24

Sell
Price at Publish Time:
$2,698.29
Sell،Technical،Stackin_Guap

Gold has run up massively due to international tentions. Currently the 4hr high at 2710 is being respected. Tentions between Russia and Ukraine peaked as Russia deployed icmb's and the only logical perspective is that Russia was never bluffing with its threats to Nato. Going forward we can assume that leaders will want to deescalate as opposed to being blasted in nuclear hellfire. This should bring in a bear influx to gold.

Source Message: TradingView
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