Technical analysis by wonderful-fate about Symbol PAXG: Sell recommendation (12/17/2024)

Yesterday, the technical side of gold ushered in a small rebound in the shock, and then fell under pressure. The price of the Asian and European sessions stabilized and rebounded at the 2650 mark. The European session quickly broke through the 2664 mark and fell under pressure and fell into a narrow range of fluctuations. In the evening, the US session continued to decline to around the 2650 mark. The overall gold price appeared under pressure at the 2664 mark as expected, and the short-term weak short adjustment continued. Yesterday, we notified short selling at the 2660-62 line many times. I believe that friends who follow me can see that short selling is still the mainstream today. I hope that your investment can avoid detours. Welcome to communicate!From the 4-hour analysis chart, today's upper resistance is still concerned about the 2660-62 mark. Relying on this position, continue to focus on the main short and follow the trend to look down. The lower target is still concerned about the break of the 2640-2643 line. The short-term gold price short weakness dividing line is the 2670 mark. Before the daily level breaks through and stands on this position, any rebound is a short-selling opportunity. Maintain the main tone of participating in the trend. I will not participate in the specific operation strategy during the session. Pay attention in time. Thank you!Gold operation strategy:SELL 2658-2662SL: 2671TP: 2635-2642