Technical analysis by Giant_trading about Symbol PAXG: Sell recommendation (12/12/2023)

Gold is currently in an obvious decline, and a rebound is a selling opportunity! Current Pressure 2015 Position! At the 1-hour level, gold started a downward trend after breaking the moving average support! The previous rebound did not really break through the suppression of the moving average! The current decline continues, and 2015 is the watershed. Under the pressure level of 2015, only sell but not buy!Trade activeTrade active