Technical analysis by AGCL about Symbol PAXG: Sell recommendation (12/16/2023)

Reasons to Sell Gold 1. Break out of Distribution Phase (Wyckoff) 2. Declining phase 3. Bearish divergence Bears will remain in charge below last higher high (2046-2047) (Charles Dow) Disclaimer: The information provided on this platform/website is for educational and informational purposes only. It is not intended to be and should not be construed as investment advice. The forex market is highly speculative and carries a high level of risk. Trading in the foreign exchange market may not be suitable for all individuals. Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite.