Technical analysis by Daniel_Thompson about Symbol PAXG: Sell recommendation (1/22/2024)

Gold may fall to 2008.00 - 2014.00 Pivot 2032.00 Our preference Short positions below 2032.00 with targets at 2014.00 & 2008.00 in extension. Alternative scenario Above 2032.00 look for further upside with 2039.00 & 2045.00 as targets. Comment The RSI advocates for further downside. Supports and resistances 2045.00 2039.00 2032.00 2022.50 Last 2014.00 2008.00 2002.00 Number of asterisks represents the strength of support and resistance levels.