Technical analysis by Austinet24 about Symbol PAXG: Sell recommendation (2/12/2024)
https://sahmeto.com/message/963649
Austinet24
Rank: 1253
Analytical Power:
2.6
The Price of GOLD #XAUUSD has hit a major Resistance level and has formed a bearish Engulfing candlestick pattern on a weekly time frame @ 2042.75 price level, signal a strong bearish move as the price is trying to break below the 2009.75 Support level from the current price of 2012.
Translated from: English
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Signal Type: Sell
Time Frame:
1 weekPrice at Publish Time:
$1,999.37