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

https://sahmeto.com/message/3286988
Sense_Trading
Sense_Trading
Rank: 13669
1.5
Sell،Technical،Sense_Trading

XAU/USD (Gold) market with a focus on the potential bearish pattern, while also considering the impact of external factors like Trump's new tariffs and the ongoing Russia-Ukraine conflict, which are contributing to market volatility. Bearish Outlook predicting that gold may decline further, with the potential for the price to move downward, but the key resistance and support zones must be closely monitored.Resistance Levels: 2885/2890. If gold fails to break through this area, it could signal a continuation of the bearish trend.Support Levels: Then key support levels you are looking at are 2845 and 2822. In conclusion, it seems that you're advising caution and closely monitoring the key resistance and support levels, while factoring in the broader geopolitical events that could influence gold's price action. Keep an eye on how the price behaves around the 2885/2890 resistance and the 2845/2822 support zones to gauge potential market direction.you may find more details in the chart. Ps Support with like and comments for more insights.tradingview.com/x/dKOARkz9/\ Trade from 2877 to 2860 170 Pips Running Take Hold Traders.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,963.23
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