Technical analysis by Harmonic.Traders about Symbol PAXG on 2/22/2025

Gold in the short term, the time frame used "Day" for the short -term investor, the resistance is operating 2950 effectively with the prices, which is expected, but technical indicators, despite the aspects of weakness from excessive purchase and negative deviation, have not given signals of sale until now, which is expected to happen Resistance 2950 is an expected pressure area for sales forces, we have identified it since it was penetrated to the top of 2790 and remains so as long as it is below the resistance The second is 3050, so the emergence of sales powers is not excluded and expected as long as we will be confirming from technical indicators, which are mainly taken away from the movement of price and in the event of the emergence of sales forces already we expect prices to target support 2865 as a target of the first drop and then the second support 2790 as a second decline in a second decline and from Guy The support is unlikely 2695 as a target of the third decline in the advice now is to stop buying and monitor the movement of price in the current region Even the second resistance is 3050, the view is negative