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Technical analysis by KlejdiCuni about Symbol PAXG: Sell recommendation (7/15/2025)

https://sahmeto.com/message/3637712
KlejdiCuni
KlejdiCuni
Rank: 29998
1.0
Sell،Technical،KlejdiCuni

GOLD: A Short-Term Trading Setup - High Risk Since July 9, GOLD has been in an uptrend, rising to 3375 as its current high. The market focus is solely on the Fed’s interest rate cut and when it might happen. Today we have the US CPI data in about 30 minutes. The market expects the CPI to be 2.7% vs. 2.4%. The market is expecting a bullish data, which increases the odds that the Fed will not cut rates anytime soon and should reduce the odds of an interest rate cut at the July meeting. From a technical perspective, the price is already facing a strong zone and the chances of a decline are high. However, this trade carries a higher than normal risk, as we can never know how the market may interpret inflation data and its impact on future interest rate cuts. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Profit Target:
$3,317
Price at Publish Time:
$3,359.23
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