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Technical analysis by AlvaRudolph about Symbol PAXG: Sell recommendation (3/21/2025)

https://sahmeto.com/message/3371221
AlvaRudolph
AlvaRudolph
Rank: 12679
1.5
Sell،Technical،AlvaRudolph

Gold has now formed a head-and-shoulders structure. The rebound in gold continues to be bearish, and the market is weakening. The market is currently showing a clear bearish trend. Although the 3,000 mark has fallen below, the bearish power is ready to go, and may be tested again in the future.Gold operation strategy reference:Short order strategy:Strategy 1: When gold rebounds around 3020-3022, short (buy short) 20% of the position in batches, stop loss 3055, target around 3010-3005, break to see 3000 line;Long order strategy:Strategy 2: When gold pulls back to around 2998-3000, long (buy long) 20% of the position in batches, stop loss 8 points, target around 3010-3015, break to see 3020 line;Friends, if you come to the market to make money, if you are a novice,you want your family to live a rich life,and you are still facing bankruptcy due to failed transactions, I was once like you,and finally found the code of wealth. I also hope it will be helpful to you, join us,and get rich together! We will bring you high profits every week,otherwise we do not charge any fees.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,039.62
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