Technical analysis by LuxeFX_Trading about Symbol PAXG on 4/5/2024
https://sahmeto.com/message/3342469
Gold Correction Deepens After Failed Attempt at ATH Confirmation
:Neutral
Price at Publish Time:
$2,258.5
Gold undergoes a significant correction after a failed attempt to confirm its all-time high (ATH). A double top pattern emerges as a reversal signal, indicating potential downside with a correction target of 2266. For SELL positions, we recommend waiting for a re-test at the neckline around 2284.
Source Message: TradingView