Hello, newbie here was looking to trade PAXG gold on bybit ( with bearish bias) but I noticed this huge liquidity spike to the down side, which I don't see on other non crypto related Gold charts. Does anyone have any ideas why this is? It has scared me off going short and now I am thinking to go long instead. So confused. Take a look at this:
vs this!
Please can someone explain this to me? I thought it PAXG was a gold peg, but the spike doesn't seem to show up on gold's other price charts? Or am I just being a dumbass?
Uncle google cannot explain this to me. Here's to hoping someone with more experience can answer this burning question I have?
Thank you!
vs this!
Please can someone explain this to me? I thought it PAXG was a gold peg, but the spike doesn't seem to show up on gold's other price charts? Or am I just being a dumbass?
Uncle google cannot explain this to me. Here's to hoping someone with more experience can answer this burning question I have?
Thank you!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.