Technical analysis by cryptocafelive about Symbol PAXG: Sell recommendation (2/5/2025)

The ounce of gold is making progress on Price action, so what is Price action? Price action is briefly the art of examining how the price of a financial asset moves over time. We try to predict future price movements by analyzing price movements on charts, candlesticks, support and resistance levels. If we look at it in a language we understand, price action is like keeping the pulse of the market. You look at the charts and ask, "What does this candle say?" Then you look at the support and resistance levels and think, "Will it turn from here?" In other words, you read the story of the market, but this story adds a new chapter every day. That's why patience and a little intuition are required. But don't forget, there is no certainty in this business, there can always be a surprise. We saw this surprise and evaluated it, I expect 2845, 2830, frankly, everyone is waiting, but not everyone was expecting this rise this week, but again, we were waiting. The ounce of gold has described the most important support and resistance level of 2025 as 2812 so far.