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Technical analysis by LegendSince about Symbol PAXG: Sell recommendation (4/28/2025)

https://sahmeto.com/message/3457237
LegendSince
LegendSince
Rank: 55
3.7
Sell،Technical،LegendSince

It's been a good run throughout 2025 with little to no drawdown week in, week out. Only 3 bearish weekly closures in 2025 but i believe we wil be seeing a few more of them as the Dollar Index is starting to pivot.On a lookout for low hanging fruit PD arrays; 1st point of interest is $3,260 with the overall draw to $3,193 - $3,167 being the stretch targetCurrent market structure is indicating a large move is to come in the near future. After a elongated bull-run, it's ok to retrace a little.This is what i am expecting going forward. $3,260 1st Point of interestRangebound price action so far..

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$3,349.62
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