Technical analysis by Euroraa about Symbol PAXG: Sell recommendation (1/11/2024)

Hello traders! Gold price today continues to be trapped in the downtrend and there is not too much advantage for the price increase when the gold sometimes decreases to 2020 USD, it currently practices them around $ 2028 and an increase of 0.2% a day. The 2017 USD support has not been broken, but the EMA line still signals the trend of continued discount. A breakout from the current support will bring gold to $ 2000 and lower may be 1982 USD because there will be no support below 2017 USD that can be lifted for gold in that case.Trade active