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Technical analysis by MRG0LD2 about Symbol PAXG: Sell recommendation (6/12/2025)

https://sahmeto.com/message/3598717
MRG0LD2
MRG0LD2
Rank: 1092
2.6
Sell،Technical،MRG0LD2

Market has shown repeated rejection at the 3380 position. If market test this area again then there will be more chances of rejection but 3400 can cap any false breakout above 3380. Now market position is 3370 that shows gold is gaining value again but one h4 or h1 candle in sell would change the game as market can form another low below 3340 area. right now closing below 3350 would confirm the bearish trend and will be followed by multiple bearish candles and will probably 3300 soon. Sell Entry: 3375, 3380Stop Loss: 3395Take Profits: 3335, 3315, 3294

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,387.02
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