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Technical analysis by Formedzeus about Symbol PAXG: Sell recommendation (3/11/2025)

https://sahmeto.com/message/3370783
Formedzeus
Formedzeus
Rank: 720
2.8
Sell،Technical،Formedzeus

short scalping this, previous resistance, usually will have some retest.best to see 15m or 1hr close to see any patterns, candle pattern, before entry.1hr candle closes like this, im setting sl at top of 1hr candle.i want to see 1hr hard close down.spinning top? i will close, doji sl at the top of this 1hr candle. news looking bad for xau, but still sem to have some support, and 15m higher high, higher low. not good sign, hopefully we get a abcde patternsl about 0.5r loss, didn't take it on 1.8r profit. shorting xau not best, should have took profits early.caught the UJ short, about 1.8r profit, didn't post this as news was looking good for UJ, it still dumpedexpecting UJ to drop, we on current jp and NY highs, should go down, if dont'break resistance, im looking to short this to 142/140 over 1 to 2 weeks unless some big news from trump, only looking to short for now.entered a short on 146.483, may add orders if goes downjust like that, saw 1.5R, might swing this past newsyep, 3r profitclosed 90%, around 3.5r profit, saw 4r, closed it abit earlier. i think can hold till 142 at least honestly, news came in 34% tarrifs from china. but i closed, and sl profit, but fomc? rather stay out of it.sorry just checked, it was 4.5R profit, ok lets see what happens on the news.shorting btc here76500 entry, sl 78200tp no real tp, maybe see price action and trail, if not will try get out before 70000don't like 4hr chart, so small order onlyyeah, i thought we will try get a triple topholding, willing to lose maybe 0.7r then i closebut i'll hold for now, the markets doing pretty bad, uk wants to buy to protect but honestly if btc in 70s, i think we can go down to 60slikely will hit sl, -.6r almost. think our sl is where some sellers will coem back in. broke first resistance alreadyits fooling US tech at the moment.likely US market open, tech stocks should likely drop based on the tariffsyeah, looks like triple top 15m, maybe hit sl before some selling off. UK just buying, with higher low. think any think higher then previous wick on 1hr im closing.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,914.16
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