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Technical analysis by MoneyMantraCha about Symbol PAXG: Sell recommendation (6/3/2025)

https://sahmeto.com/message/3578205
MoneyMantraCha
MoneyMantraCha
Rank: 1579
2.5
Sell،Technical،MoneyMantraCha

Hey Rich Friends, Happy Tuesday! I wanted to share my Gold analysis and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:- There was a break of structure on H1 and previous support was retested as resistance.- Bearish confluence on additional time frames: D, H4 and M15- The stoch is facing down, both lines have crossed below 20, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.Additional information:- I would set sell stops to catch the momentum going down- I will be setting sell stops and using previous highs as my SL and previous lows as my TPs. - Focus on closing the gap from last weekGood luck if you decide to take this trade, let me know how it goes.Peace and Profits,ChaTP 1 and TP 2 hit. Patience pays.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,368.81
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