Technical analysis by David_1_8 about Symbol PAXG: Sell recommendation (5/19/2025)
https://sahmeto.com/message/3528628

David_1_8
Rank: 1318
Analytical Power:
2.6

Gold analysis chart on the 1-hour time frame chart facing high bullish pressure, after the break-out of the descending trend line. 3200 is the strong level with high potential pull back. The confirm entry level 3225.00 indicates the first layer of price pull back, and the lower trend line indicates the continuing of the bullish trend. Overall the point of interest (POI) is the point of target. It may consolidate 3245 to 3260 area because of the buy side liquidity.Clear trade setup for educational purpose.Bullish entry 3225.00Target 3250.00Target 3300.00Target 3330.00Stop loss: 3190.00Use proper risk/reward ratio.That’s all, what you think about “GOLD” reversal write in comment below.Kindly like 🚀 to support us.Use properly.
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$3,263.36