Technical analysis by ProWolfTrader_89 about Symbol PAXG: Sell recommendation (1/31/2025)
https://sahmeto.com/message/3213272
ProWolfTrader_89
Rank: 3306
Analytical Power:
2.0

After recent tarrifs announcement and traders runnings towards safe heaven assets purchase to escape the choppy market gold broke ATH as i mention weeks again during my live trading YT that once sideway trendline is broken,FOMO buying will start and then various outcomes are possible consolidation,breakout fakeout or breakout retest and continutation of upward momentum,seems like recent expected global economic decisions are siding with the safe heaven asset Gold creating more desireability to keep it as a tool to escape inflation and ongoing spark in dollar index pumpFor more updates keep in touch during live trading YT
Translated from: English
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$2,797.57