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Technical analysis by SirWiggir about Symbol PAXG: Sell recommendation (11/9/2023)

https://sahmeto.com/message/554241
Sell،Technical،SirWiggir

USD got weak after the news wherein Continuing Jobless Claim data hits below the consensus.But GOLD seems to hit resistance around 1965.If this price bounce signals a reversal, market needs to wipe out the stop losses set at the breakout point around 1950-1955.However, should GOLD proves its strength, I think 1965 will get broken with huge volume. Otherwise, 1935 play is still on.Updated stoploss to 1966Closed at 1948

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$1,941.19
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