Technical analysis by solfury about Symbol PAXG: Sell recommendation (2/3/2025)
https://sahmeto.com/message/3220642

solfury
Rank: 24117
Analytical Power:
1.3

January we have Gold in Bull trend towards the Chinese New Year which is very common. I think it will be due for a pullback, as seen by a sell-off during Asian session.We have a candle displacement, taking liquidity at $2790 and now a retracement back.The first week of February will be full of economic news from PMI, NFP and England's Bank Rate. I expect some volatility and will take 1-2 setups, probably avoiding Thu and Fri.
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2,789.94