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Technical analysis by FxJennifir about Symbol PAXG: Sell recommendation (3/9/2025)

https://sahmeto.com/message/3368374
FxJennifir
FxJennifir
Rank: 2817
2.1
Sell،Technical،FxJennifir

Gold forming potential bearish reversal pattern specifically after breaking a certain resistance zone near 3057. If the price drops below the neckline at 3030, it could confirm the pattern, signalling further downside potential.Key Support (Neckline): 3030 — if broken, it might trigger further bearish movement.Potential Targets:1st Target 30262nd Target 3010 3rd Target 2990If this pattern plays out, you’re looking for confirmation of the break at 3030, and from there, gold could continue to weaken, targeting the levels you've mentioned. Keep an eye on the price action at key levels for any signs of reversal or confirmation of the pattern.if you like this idea please support my work and fallow thanks for Love.1st and 2nd Target done.Trade from 3047 to 3000 470 Pips Done.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,928.75
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