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Technical analysis by MR_gold2 about Symbol PAXG: Sell recommendation (7/30/2025)

https://sahmeto.com/message/3672175
MR_gold2
MR_gold2
Rank: 2550
2.1
Sell،Technical،MR_gold2

Freem gold analysis First: Technical Analysis: According to the image I send to you 1 current price: $ 3,325 an ounce. 2 direction: price in a small rising canal after a sharp drop. 3 Production behavior: This ascension may be a correction of a previous landing movement, and not a new up. 4 Resistance near: 3,340 - 3,345. 5 near support: 3,310 - 3,300. 6 RSI Index: At approximately 50 → neutral, it does not indicate a clear power of purchase or sale. Second: Elliott analysis: • The previous landing appears as a strong payment wave (it may be a wave 3). • The current ascension within the → channel is possible to have a wave of 4 corrective. • If this is correct, then a new drop is expected in the 5 wave later. 🕒 Third: time analysis: • The corrective channel started from July 26 and lasted about 48-60 hours. • If this time timing ends without a clear penetration up, this may be a sign of the end of the correction and the beginning of a new drop, perhaps this evening Fourth: Digital Analysis: • The percentage on the chart (0.869 Fibonacci) indicates a corrective extension approached 86.9%, which is a slightly exaggerated level in corrections → supports the idea of near reflection. • The target number in the event of breaking the support may be 3,285 or 3,260 and then 3240 Fifth: The basic analysis: There is a strong news war today, you must treat With gold with strong caution • Any federal signs about raising interest will support the dollar and press gold. • The market is currently “waiting for a decision” (fluctuation). Sixth: Prayers Action: • The price moves within a narrow, emerging channel with weak corrections → that does not indicate purchasing power. But he is still ascending • There are no strong rising candles (such as English or Marubozu) indicating an actual reflection Recommendation Watch for a real channel break and monitor the news accurately to enter the sale of a sale analyst Master For more, I will be organized to the main channel of Sayed Gold Telkram channel https://t.me/ihab90gold We promote deals https://t.me/xauusdtechnicalpips200

Translated from: Arabic
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,336.83
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