Technical analysis by Crazytrader00011 about Symbol PAXG: Sell recommendation (2/24/2025)

Gold has been rising for 8 consecutive weeks. The weekly chart shows that the rise is very large, and the K-line appears to be very straight. So far, there is no sign of a peak in the weekly chart. We are still bullish this week. The bulls still have the power to continue to rise this week as the weekly chart closed positive last week. In the short-term chart, gold needs to be repaired this week. We shorted twice near 2935 on Friday. We are still bullish on the general trend. In the short term, we focus on the profits in the repaired range. We cannot be sure where gold will stay in this wave of rise. The long-term trend is still to follow the bulls. The daily chart has been repaired at a high level for 4 trading days. Short-term bulls and bears began to play short-term pressure. But so far, it is not certain whether this pressure is the turning point of this wave of daily charts. Today's short orders are only auxiliary, and the main thing is long orders.In the 4-hour chart, the range of fluctuations is 2918~2946. If the Asian market breaks through 2946, we need to think about whether the market is restarted by the bulls. If the bulls restart, the possibility of a new high is very high. I expect gold to undergo a major correction below 3,000, which is currently part of the shock correction. In the Asian session, we focus on the suppression of 2646. You can arrange short orders below this suppression, and if there is an opportunity to break through 2946 and retrace, you can go long. The support below is at 2918~2925, which is an opportunity to arrange long orders. The structure shows that the 4-hour has been oscillating back and forth many times. Let's first pay attention to whether it breaks through the oscillation range today.Support 2918-2925. Small support 2933. Pressure 2946, strong pressure is the previous high point, and the watershed between strength and weakness of the market is 2933.Trading signalGold-----2940 sellTarget 2929-2918You can see that yesterday and today, I led my friends to sell gold at 2946 and 2936, and closed the orders at 2938 and 2929. Then we bought gold at 2940 and closed the orders at 2950. The profit from scalping was more than 7576 US dollars! In the past two days of this week, about 50% of the profit has been completed. Friends who know me know that my weekly profit rate is more than 200%. If you want to scalp with me to make crazy profits, you can contact me. I share a lot of real-time trading signals every day.