Technical analysis by NovaFX23 about Symbol PAXG: Sell recommendation (2/6/2025)
https://sahmeto.com/message/3232374

NovaFX23
Rank: 12028
Analytical Power:
1.5

Gold has reached a key ascending trend line on the 4-hour chart. After a strong bullish rally, the market seems overbought, and a head and shoulders pattern on the 1-hour chart indicates weakening buyer momentum in the short term. A retracement to 2844 is expected.
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2,905.19