Technical analysis by BeachBum9_4 about Symbol PAXG: Sell recommendation (11/29/2024)

Since hitting the ATH in October, we have been going downward. We will go back up and hit a new ATH but not until a major correction so the "big guys" will buy more gold at a cheaper price. No big investors or corporate bunnies are going to buy gold at this price. We definitely see short term BUY scalps for sure, but nothing worth shouting over.I entered a long term short at 2661 and I will ride that down until we hit my trend line. I will then reassess. Overall: Bearish