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Technical analysis by D_Virtual about Symbol PAXG: Sell recommendation (3/22/2025)

https://sahmeto.com/message/3371611
D_Virtual
D_Virtual
Rank: 28904
1.3
Sell،Technical،D_Virtual

Based on the latest insights from ForexFactory and the COT report framework, gold (XAU/USD) is poised to move higher in the days ahead, potentially testing levels near $3,200 if it sustains above $3,000-$2,990. Traders should watch this support zone and monitor upcoming economic data, including the USD’s reaction to FOMC developments, for confirmation. While risks exist, the weight of evidence points to an upward trend in the near term. Whoelse is shorting this pair for now

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$3,042.98
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