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Technical analysis by Here-we-go- about Symbol PAXG: Sell recommendation (12/9/2024)

https://sahmeto.com/message/3049297
Here-we-go-
Here-we-go-
Rank: 13521
1.4
Sell،Technical،Here-we-go-

Political unrest in South Korea, geopolitical tensions, and trade war concerns lend support to the safe-haven Gold price. However, modest strength in the US Dollar (USD), fueled by expectations that the Federal Reserve (Fed) may take a less dovish approach due to speculation that President-elect Donald Trump's policies could drive inflation higher, limits further gains for XAU/USD. Additionally, traders appear cautious, likely holding off on significant moves ahead of this week’s upcoming US consumer inflation data release.So now is a good time to short gold!SELL: 2655 - 2650SL 2665TP1: 2650TP2: 2645TP3: 2640Christmas is coming. Do you have enough money in your wallet? It’s Christmas at the end of the month! During the upcoming holidays, you can choose to watch people shopping, taking vacations, and buying cars. Or buy yourself a car, vacation, or house!

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2,641.06
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