Technical analysis by Falcon-Training-Camp about Symbol PAXG: Sell recommendation (12/2/2024)

Market Review and Outlook:Today, gold has experienced a sharp decline, largely due to the strengthening U.S. dollar and profit-taking pressure. However, the market has now undergone a technical rebound, pushing gold back up to the 2650 level. As previously mentioned, Monday’s market action is crucial in determining the overall direction for the week, and today's steep drop suggests that the trend for the week is likely to be bearish, especially with the major nonfarm payroll (NFP) data coming up later this week.Given these factors, I am leaning towards a bearish bias for the remainder of the week, with the overall strategy focused on shorting from higher levels, while small pullbacks may offer opportunities for long trades.Today's Trading Strategy:Sell Zone: Short gold near the 2650 level.Buy Zone: Consider going long if the price approaches 2620.VIP Signals: Detailed trading signals for VIP members have already been shared. Please check your messages for further guidance.Disclaimer:This analysis is for informational purposes only and does not constitute financial advice. Always adhere to strict risk management and avoid overleveraging your positions.Brothers who are short sellers, take profit at 2635Brothers, the current price is about to reach the take-profit price of 2635. If you don’t want to wait, you can take profit now! The next VIP trading signal, I will send it to each VIP user one-to-one. My VIP users should pay attention to the message I send you!