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Technical analysis by i_am_siew about Symbol PAXG: Sell recommendation (8/10/2025)

https://sahmeto.com/message/3696234
i_am_siew
i_am_siew
Rank: 18366
1.3
Sell،Technical،i_am_siew

The U.S. dollar has lost approximately 75% of its purchasing power since 1980. What this means is that it costs about four times as much today for comparable goods and services as it did in 1980. In order for the gold price to fully reflect the loss in USD purchasing power, it would need to be $3,460 It is reasonable to say that gold has now matched its intraday price peak of $843 in 1980. The price of gold only reflects the ACTUAL loss of purchasing power to date. It does not take into account potential loss in the future. With so much DEBT going around, I think what is coming is DEFLATION. Until and unless it finds a 'footing' ABOVE $3,460, I do not think the price can go up. Which is why SELLING is a good idea now. Good luck.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$3,383.45
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