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Technical analysis by BTC-XLM about Symbol PAXG: Sell recommendation (4/22/2025)

https://sahmeto.com/message/3440810
BTC-XLM
BTC-XLM
Rank: 2451
2.2
Sell،Technical،BTC-XLM

Hey guys and girls,Look at this chart, Do you see what I see? (we are heading into a bear market).(RSI= 86, kiss of Death) a chart is worth a thousand words!Technical Section (a top is in place- ABC bear market):Wave 1 = $ 850Wave 3 = $ 1650Wave 3 > 1.618 x length of Wave 1----> Wave 5 (Max) = 2.618 x length of Wave 1 (Target = $ 3300)Fundamental (Bearish):Let's look at the reasons:a- Trump's trade war is over; as a result, there is no strong overriding trend.b- Federal Reserve holds interest rates steady Conclusion:The trend is losing momentum and a top is in place.Target = $ 2700Invalidation level = $ 4170Gold- BearishGold- Bearish1979-2011-2025Gold- Short termControl your emotionsGold- Short termUpdateGold- sell signal (Apr 22, 2025, $ 3452)Update (May 1 , 2025, $3201)Gold- Dead Cat BounceBlue or Brown ?Gold- UpdateGold- This can only mean one thing:China's economy is headed for a crashGoldGoldGold- UpdateGold- Apr 29 ($ 3312)May 9* UpdateYou know what that means ...Gold- UpdateGoldYou know what that means ;)Gold- Stay One Step Ahead of the MarketGold- UpdateGold- UpdateTarget-1 = $ 3134Target-2 = $ 3064 (Possible and probable)Gold- UpdateGoldGold- need maybe :)GoldGold - Update (May 14 , 2025, $ 3167)Gold-

Translated from: English
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Signal Type: Sell
Time Frame:
1 month
Price at Publish Time:
$3,385.71
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