Technical analysis by L-one1 about Symbol PAXG: Sell recommendation (2/26/2025)

Gold Market Trend Analysis: Technical Analysis of Gold: From the daily level, the technical indicators of the gold market show a significant decomposition and in a serious overcreasing range. According to technical analysis principles, there is a strong demand for adjustment in the market. Following these developments, gold prices had a harsh decline on Tuesday. The price of gold is now effectively under short -term support, and today the opening price is below these two moving average. And this has turned into a strong resistance and caused gold prices to maintain a decline trend. Technically, it is necessary to reach a comprehensive judgment based on the closing combination of weekly and monthly levels, so it is considered a normal correction cycle for now. This correction cycle is triggered by the existing small double hill. We have been tending to fall against gold for the last two days. Return is an opportunity for bears. Gold is now in 2920. The Golden Scaled in the US market below 2920 and continued to open a short position at the summits. The existing two short -term printing levels are 2925 and 2930. If the gold price can rise strongly and exceed the above resistance area, then today's adjustment will only be short -term and gold will continue to rise. If there is no break, then gold will probably continue to fall. Focus on the support power of the 2888 low point. When this point is lost, it can trigger further decrease in the price of gold. In general, the short -term operation strategy for gold today is to take short positions in recovery and to take long positions for retreats. The short-term focus on the upper side is 2920-2930 resistance and alt The short-term focus on the side is 2888-2890 support. Friends should follow the rhythm. The reference of the Altın Operation Strategy: Short-Term Strategy: Golden Asian Session 2920-2925 Short (Sales), Around 2900-2895 target, Breaking and hold up to 2890 Term Strategy: Open the long position (purchase) in 2890-2892 in the case of withdrawal.