Technical analysis by peterbokma about Symbol PAXG: Sell recommendation (9/29/2025)

GOLD is remaining extremely overbought since $ 3,600 upwards. It's a longer term viewpoint, hence the movements short-term are not relevant when managing long term positions, and one should expect not being able to fish for the top :). anyway, the RSI is in uncharted waters, but history tells us that this correction will be imminent. I remain in the believe and holding onto shorts adding slowly, i.e. careful adding to shorts with low leverage for the awaited correction. Strategy SELL between $ 3,700-3,900 (and even lower before) and take profit near $ 2,950.