Technical analysis by TradingForecast_Signals about Symbol PAXG: Sell recommendation (2/20/2024)

Gold prices fell slightly on Tuesday after pausing a three-day winning streak, easing to near $2,020 an ounce during Asian trading hours. The non-ferrous metal's price has been challenged by a strengthening US dollar (USD), possibly due to higher US bond yields. This rise in bond yields has put downward pressure on prices for non-yielding assets such as Gold.