Technical analysis by xAB777 about Symbol PAXG: Sell recommendation (12/16/2023)
https://sahmeto.com/message/607676

xAB777
Rank: 12048
Analytical Power:
1.5

Hello traders so gold was ranging all day on friday and formed a ugly head and shoulder figure with rsi divergence indicating a bearish breakout . indeed before the market close the price managed to break structure and the demand zone for monday am expecting maybe a correction and a retest towards that level before a bearish continuation if the price give us a lower high in the area with a good rejection i will enter a short trade for a 2 RR
Translated from: English
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Signal Type: Sell
Time Frame:
30 minutesPrice at Publish Time:
$1,993.91