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Technical analysis by Benz-Salah about Symbol PAXG: Sell recommendation (3/14/2025)

https://sahmeto.com/message/3355164
Benz-Salah
Benz-Salah
Rank: 29135
1.2
Sell،Technical،Benz-Salah

XAU/USD is currently trading within a descending channel, showing a clear downtrend. The price has been respecting the channel boundaries, and we are now approaching the upper limit of this channel.The upper boundary of the channel is near the 3000 level, which is often considered a psychological resistance zone by many traders. This level is significant because it tends to attract market reactions, either causing the price to reverse or break through.If the price tests this level and shows signs of resistance, a potential reversal may be expected, with the downtrend continuing. However, if the price breaks above 3000, it could signal a shift in momentum and lead to further upside movement.Key Points to Monitor:• 3000 level as psychological resistance.• Watch for signs of rejection or a breakout above this level.• Closely observe price action for potential entry points based on the reaction to this level.t.me/+41lWT199fV4yMjc0 As you can see, it was a 1K account and we made 230K in the space of three weeks! It basically guarantees a 90 percent win rate on trade. If you want to attend for free, you can contact me. We could try working together for a week. I guarantee that within a week you will experience the fun of making money. If you are satisfied with my work and want to continue the cooperation, then we can discuss the issue of paying commission. If you are not satisfied with my work, you don't have to pay me any commission! Click the link below to join us: t.me/+41lWT199fV4yMjc0

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$3,005.64
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