Technical analysis by AETradingFx1 about Symbol PAXG: Sell recommendation (11/13/2023)
AETradingFx1

💯GOLD PLAN DAILY 11/13👉 Last week, world gold prices decreased by 2.8%, marking the strongest weekly decrease in 6 weeks.Downward pressure on international gold prices increased as US Federal Reserve (Fed) officials maintained a tough stance on monetary policy. The Fed's tightening tendency makes investors hesitant to invest capital in gold at this timeMeanwhile, support for gold prices from the need to hedge risks due to the Israel-Hamas war is almost insignificant at this time, as the war appears to be limited to the Gaza Strip instead of spreading. out to the Middle East.👉 TECHNICAL COMMENTARY: Priority should be given to Sell orders following the trend📌Trading plan:🔽 Selling Gold Entry: 1945 -1947SL 1950City 1940 - 1935 -1923🔼 Buy Gold Entry: 1923- 1921September 1918City 1928 - 1934