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Technical analysis by peterbokma about Symbol PAXG: Sell recommendation (8/22/2025)

https://sahmeto.com/message/3728987
peterbokma
peterbokma
Rank: 553
2.9
Sell،Technical،peterbokma

My personal opinion is that GOLD may decline around 20% in the coming months, i.e. 3-6 months as its overbought and also way above the Reg. Channel. The metal needs to correct the overbought state it is in, and also I believe its a general adjustment of asset classes like crypto, to normalize, and everything else will be dragged with it. Strategy SELL @ $ 3,250 - 3,500 and take profit near $ 2,750 for now.

Translated from: English
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Signal Type: Sell
Time Frame:
1 month
Price at Publish Time:
$3,329.21
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