Technical analysis by Fx_Jack17 about Symbol PAXG: Sell recommendation (12/26/2024)
https://sahmeto.com/message/3103002

Fx_Jack17
Rank: 23256
Analytical Power:
1.4

Gold trades in a narrow channel above $2,600 on Tuesday, albeit lacking strong follow-through buying. Geopolitical tensions and trade war fears lend support to the safe-haven XAU/USD, while the Fed’s hawkish shift acts as a tailwind for the USD and caps the precious metal.
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2,636.72