Technical analysis by oyemyk about Symbol PAXG: Sell recommendation (1/23/2025)
https://sahmeto.com/message/3193927
oyemyk
Rank: 681
Analytical Power:
2.9

Given that we have just broken a resistance level, and currently trading at an higher high level of the trend. The possibility of a bearish retracement for liquidity grab for further momentum upwards is in sight. Furthermore, the current Price pattern aligns with the structure Gold has chosen for this ongoing uptrend. It is importantly to keep in mind that buyers will be more interested to step in at the retest of the currently broken resistance.
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2,747.65