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Technical analysis by RobertaAlsop about Symbol PAXG: Sell recommendation (3/24/2025)

https://sahmeto.com/message/3373162
RobertaAlsop
RobertaAlsop
Rank: 28052

Gold prices technically consolidate

Sell
Price at Publish Time:
$3,016.32
Sell،Technical،RobertaAlsop

Gold has three consecutive negative lines on the daily line, and opened at 3011 in the morning. The overall situation is weak, and the high pressure is obvious. Today is particularly critical. The support below is 2990-2985. If it falls below, it may drop to 2960 this week. The short-term resistance above is 3022-3026. In terms of operation, it is recommended to rebound and go short, and to go long on the pullback.Operation strategy 1: It is recommended to go long near 3006, with a stop loss of 2994, and the target is 3018-3025.Operation strategy 2: It is recommended to go short near 3027, with a stop loss of 3037, and the target is 3000-2980.

Source Message: TradingView
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