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Technical analysis by ProjectSyndicate about Symbol PAXG: Sell recommendation (5/13/2025)

https://sahmeto.com/message/3509688
ProjectSyndicate
ProjectSyndicate
Rank: 4725
1.7
Sell،Technical،ProjectSyndicate

🏆 Gold Market Mid-Term Update📉 Gold Drops: Prices dip as risk appetite grows and profit-taking kicks in.🤝 U.S.-China Deal: 90-day tariff pause boosts USD, pressures gold.📊 Tech Watch: Key support levels eyed by traders for entry points.🔮 4K Forecast?: Analysts still see path to $4,000 amid uncertainty.⚠️ Recession Signal: Oil-gold gap hints at slowdown—bullish for gold.🏠 Investment Shift: Gold now 2nd-best long-term U.S. investment (after real estate).🌍 BRICS Buying: Emerging nations hoard gold to ditch dollar.🛡️ $3,200 Holds: Gold maintains key support despite volatility.📈 JP Morgan Bullish: 4K gold possible even with growth.💰 Live Price: Gold at $3,253.40 (+0.52%) today.📊 Technical Outlook Update🏆 Bull Market Overview▪️pullback in progress still▪️3300 USD cleared by the BEARS▪️market gapped down at open▪️3300 is heavy resistance for now▪️Compression on lower timeframes▪️Flag on Flag Bearish pattern▪️short-term expecting more losses⭐️Recommended strategy▪️Short Sell Rips/Rallies▪️TP Bears 3150 USDTP hit congrats if you followedVanguard Mega Cap Growth ETF (MGK): FAQ guide before investingXAUUSD H4: Re-accumulation | Floor at 3K | TP Bulls 4KGBPJPY H4 XABCD Short from PRZ/D TP1/TP2 Swing TradeAutomate Gold Trading with Machine Learning and LLMS: FULL Guide

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,057.26
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