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Technical analysis by njclimber about Symbol PAXG on 2/20/2024

https://sahmeto.com/message/3354785

XAUUSD 1D Multiple Indicator - Short

Neutral
Price at Publish Time:
$1,998.87
،Technical،njclimber

1D Chart with fib indicator & signal indicator both showing short position despite the localized uptrend. It will likely be like Ceres also confirmed, a slight bull up then a drop to more realistic value level. I would justify this as a confirmation to the previous post, but I am generally sticking to my strategy and that includes the casualty of error. (Sitting on a trade until favorable conditions arise) Thats why even a noob like me knows to trade with a reasonable size, but not reasonable enough to injure drawdown tolerances or overall account.

Source Message: TradingView
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