Technical analysis by LaurentWilvyne about Symbol PAXG: Sell recommendation (4/5/2025)
https://sahmeto.com/message/3389340

LaurentWilvyne
Rank: 30696
Analytical Power:
1.2
Golden Momentum to Short the gold
Sell
Price at Publish Time:
$3,051.43

We already know what FED powell talked about on the 4th and trump's tariffs which have a very big effect on the global economy. exchanges have fallen, this pattern is very similar where during the crisis the price of gold also fell sharply because there was no demand from the world and they saw the USD as a safe heaven because the price of gold was also too high. Price between 3040 -3070 is a entry price to short Price rocketing above 3110 = bull resisting (very small chance, only below 5%) Good luck for your trade, lets win this trade.
Source Message: TradingView