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Technical analysis by Maxpipspr0 about Symbol PAXG: Sell recommendation (2/10/2025)

https://sahmeto.com/message/3238926
Maxpipspr0
Maxpipspr0
Rank: 2231
2.3
Sell،Technical،Maxpipspr0

Precious Metals Miners Lagging Behind: An Unexplained DisparityDespite the ongoing strength in precious metals, mining stocks continue to underperform, exhibiting a divergence that lacks a clear fundamental justification. This widening disconnect is creating an increasingly stretched imbalance, suggesting that a correction may be imminent. Such persistent underperformance appears illogical and unsustainable in the long run.From a technical perspective, I am eyeing the 2915 level for a potential short position. Notably, the Harmonic Butterfly pattern completes around 2815-2818, making it a key reaction zone.My take-profit targets are set at 2805 and 2700.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$2,925.33
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