Technical analysis by mykvmykv about Symbol PAXG: Sell recommendation (2/25/2025)
mykvmykv

There is room for shorting at 2950 during the day and 2940 in the US market. Don't chase the rise or fall when the high-level fluctuations occur. You can intercept at relatively high and low levels.Before the 2955 watershed is stabilized the next night, you can go short repeatedly. The pressure will continue on Tuesday.A roller coaster of 20-30 points up and down is normal. After each new high, there will be different degrees of retracement and repair. You need to grasp the rhythm. If you are not careful, you will lose money back and forth. Be patient in the face of market temptations and don't chase the rise or fall.Key position: Support around 2920-25, pressure around 2940-50 Waiting for a breakthrough or reversal signal near the key positionOperation suggestion. Short around 2940, sun 6 points, space 10-30 points,Once it goes downhill, short at 2920