Technical analysis by JosWilliam_ about Symbol PAXG: Sell recommendation (11/14/2023)

XAUUSD CONFIRM UPCOMING BIG BLAST FOR CPI🔥 Gold price is holding the rebound from in three-week low of $1,932 early Tuesday, as risk sentiment remains in a weak spot in the lead-up to the top-tier economic data from the US. Amidst a cautious market mood, the United States Dollar (USD) is attempting a comeback even as the US Treasury bond yields trade listlessly. Will Gold price rebound on US Consumer Price Index data? The Asian equities pared gains while the US S&P 500 futures trade modestly flat, as traders refrain from placing any fresh bets on riskier assets ahead of the all-important US Consumer Price Index (CPI) data due later in the day. Additionally, renewed concerns over China’s slowdown keep investors on the edge. These factors have led to a revival in the demand for the safe-haven US Dollar, capping the renewed upside in the Gold price. GOLD BUY FROM 1945 TARGET 1970 🔥