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Technical analysis by Ashbur about Symbol PAXG: Sell recommendation (6/9/2025)

https://sahmeto.com/message/3591554
Ashbur
Ashbur
Rank: 1763
2.4
Sell،Technical،Ashbur

After the opening of gold, bullish and bearish forces fiercely contended, with prices falling first and then rising. After finding support at the key level of 3293, they rose again. During the Asian session, prices broke through the early session high of 3320 and surged toward 3330. However, the rally significantly slowed down after reaching this area, exposing signs of fatigue in bullish momentum. Technically, a top divergence signal has emerged. It is recommended to use the 3333-3343 range as resistance and lay out short positions on rallies. The first support below to monitor is 3305. If this level is breached, it may retest the early session low of 3293 from which the rally originated. During the US session, special attention should be paid to the risk of a breach of 3293, which could trigger a new downward trend.Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.Trading Strategy:sell@3330-3340TP:3305-3310

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$3,349.78
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