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Technical analysis by cgeraghty88 about Symbol PAXG: Sell recommendation (11/15/2023)

https://sahmeto.com/message/576833
cgeraghty88
cgeraghty88
Rank: 9464
1.6
Sell،Technical،cgeraghty88

I'm predicting a Sell to Buy move on Gold - Overall price is in a clear uptrend however price has respected and rejected my Daily micro downtrend and Daily/4H Fib level. I feel if price breaks my 1960.800 zone which is also a Daily/4H (Downtrend) 38.2% Fib Level then price can fall at the very least to 1950 and if 1949 is broken and we see a clean break and retest of my uptrend and 1941.700 I feel price can drop to 1933 before making its continuation in Bullish momentum.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$1,941.66
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