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Technical analysis by Alena-Blohm about Symbol PAXG: Sell recommendation (12/13/2023)

https://sahmeto.com/message/606478
Alena-Blohm
Alena-Blohm
Rank: 16019

Gold trading idea today

Sell
Price at Publish Time:
$1,956.84
Sell،Technical،Alena-Blohm

Dear friends, Currently, Gold is experiencing a downward trend, trading near its three-week low at $1976. The XAU/USD price is becoming more accessible after the successful two-way trading activities observed in the release of US CPI data. The focus is now shifting to the policy announcements of the US Federal Reserve to create new trading momentum. In the short term, my perspective is that the price will continue to decrease after reaching the designated adjustment level, with an expected decline to $1955. Do you agree with my opinion? What is your viewpoint?

Translated from: Arabic|
Source Message: TradingView
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