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Technical analysis by liam_hudson733 about Symbol PAXG: Sell recommendation (3/20/2025)

https://sahmeto.com/message/3366890
Sell،Technical،liam_hudson733

Golds rise this year has been extraordinary, moving around 4000 pips since the start of the year, and most recently powering straight through the previous ATH. I remain bullish on gold for the long term, but this move should so some correction.I am currently short aiming for the 2900 level - this level although over 1000 pip move, represents less than a .382 retracement of this years move, and also hits a nice .618 retracement from the breakout of the previous ATH.Invalid if we close a new high.

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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$3,058.28
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