Technical analysis by gfr5gfr5 about Symbol PAXG: Sell recommendation (2/11/2025)

Gold rose directly to 2942 in the Asian session, which was a record high, but the price of gold was still strong. Then it started to plummet to around 2881, and it was a roller coaster ride. At present, the 4-hour line is still a continuous large negative line entity, and the K line is still below the moving average. This trend is to watch the show with empty positions. The gold 4-hour line has three consecutive large negative lines, forming an inverted V shape, which is of course an obvious evening star. This is a signal of peaking. At the same time, the gold price must be close to the 50-day moving average, and a decline is inevitable. At present, the overall sign is still peaking, and the resistance level is near 2920.Investment strategy: sell gold at 2920, stop loss at 2927, target 2890Valentine's Day is coming, and we are all preparing surprises for our loved ones, but have you ever thought about investing in a "gift" for your future? The market is ever-changing, but opportunities always come to those who are prepared. I have always focused on exploring accurate trading opportunities and helping clients make steady profits. This time, I hope you can join us and grasp the pulse of the market together! Investment, like feelings, requires trust and long-term persistence. I speak with data and use professionalism to check for you, so that every transaction is more certain. If you are willing to believe me, I will prove it with actions and let your funds find the best destination in the market. If you lose money, I will compensate your funds! Valentine's Day is not only a day to express love, but also a time for you to make the right choice for yourself. Contact me now and start the journey of wealth appreciation together! Let the market become your "cash machine" instead of "heartbreak"! t.me/+k9acVOilVBM2MDI0