Technical analysis by phsephse about Symbol PAXG: Sell recommendation (2/20/2025)

Gold prices have continued to rise this year due to risk aversion, and accelerated after stabilizing 2790 parallel attack and defense; after selling 2877 at the end of last week, it did not continue to rise directly at the beginning of the week, and rose to 2947 yesterday, and then fell back to 2918 and broke through to 2955 again during the day;The 4H chart structure is strong, and the market habitually changes on Thursday. Pay attention to whether there is a turning point after the initial data in the evening;Today's short-term support is 2947, and the strong support is 2943. If it breaks, look at the morning low of 2938-2932; short-term resistance is 2955, and the strong resistance is 2962-2968;In terms of operation, it is recommended to try to short at high positions with a light positionSell near 2955, SL 2965, TP 2938-2932I want to know if you come to the market to make money or to gamble? If you want to make money, follow me. Do as I say, and your profit will double. Let your profit grow. As long as you stick to it, your stable profit will be at least 200% to 400% per week. Don't wait until your account balance is 0 to realize that there is something wrong with your trading method. If you lose money, I will compensate you for your losses! Believe me, our cooperation will win in the end! t.me/+k9acVOilVBM2MDI0