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Technical analysis by StarrOne about Symbol PAXG: Sell recommendation (6/8/2025)

https://sahmeto.com/message/3585656
StarrOne
StarrOne
Rank: 29855
1.3

H4 swing order analysis for traders, Trade Swing H4 Gold

Sell
Price at Publish Time:
$3,336.32
Sell،Technical،StarrOne

H4 swing order analysis for traders, pay attention to wave 5 to confirm Long-term SellJames Stanley, senior strategist at Forex.com, said: "I remain bullish on gold and will look for new support for the broader trend to continue.Gold has made a new short-term high, with the price rising above $3,350/oz. Therefore, I do not rule out the possibility of this uptrend continuing and will look for new support, especially at $3,300/oz and $3,280/oz," he said.Rich Checkan, Chairman and CEO of Asset Strategies International, said: "The current momentum favors gold and silver. While there may be some profit-taking, I expect gold to continue to rise next week thanks to the weakness of the US dollar, political tensions in the Middle East and Ukraine, the impact of tariffs and the passage of a major bill in the US that will increase public debt, leading to consumer inflation. These factors will continue to drive demand for gold as a safe-haven asset."Adrian Day, Chairman of Adrian Day Asset Management, shared: "There are signs that North American investors are increasing their purchases of gold, although not a strong wave, but I believe this trend is gradually changing. This is a positive signal for the gold market in the future."Best Regards StarrOne !!!near the BUY entry point, everyone pay attention

Source Message: TradingView
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