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Technical analysis by faljassem about Symbol PAXG: Sell recommendation (2/23/2025)

https://sahmeto.com/message/3266586
faljassem
faljassem
Rank: 1215
2.7
Sell،Technical،faljassem

"Gold is adornment and treasury" .. a sentence transmitted by generations generation after generation, the yellow metal has proven its worth being, as it is the prince of the minerals, the main market engine, a safe haven for currencies and a hedge tool. A fact that does not differ on two of that article, in which it continued in short from the mechanism of inaugurating the gold portfolio, especially since the prices are It continues to achieve historical records without being absent, even if there is a decline in prices, it is temporary and it is called a price correction in the world of trading and the stock exchange. Contribute to the speculative gold mining companies over the price contracts for the immediate gold or futures contracts ( Forex, which is of high risks (buy gold by circulating it electronically with the option to receive and own it whenever you want "advice" you have to learn first and then write a plan after it. It is possible to break the levels of 2936 and the highest stability is a prelude to the number at 3000 USD levels per ounce Which is on the doors and is only a matter of time. The bulls stumbled for several sessions at 2936 levels, indicating the existence of an initial correction process until the levels of 2900, and this is confirmed by the daily time separation, which gives me hope for the bears in landing with the ounce of gold until the levels It is the current levels: 2936, the first goal 2900 and the second goal 2852 .. Then we stop to rearrange the centers Mudarbia is the best levels of purchase (on condition of balanced contracts): 2852 The first goal 2900 and the second goal 2936 and the third goal is 2950 to 3000 provided that there is what is pressing the US dollar with increasing fears in the same investors. Note: What I publish is a speculative behavior and simulation of financial markets, and it is intended to raise awareness and behavior Al -Saari is far from the recommendations for buying and selling, as the decision is the responsibility of the trader. If the analysis is true, this is a success from God, glory be to Him, and if the opposite is, then every diligent is a share.

Translated from: Arabic
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2,963.35
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