This is a fake gold market — real prices never dropped to 3600 or rose above 4800 this week. It’s a scam project made to steal liquidity.
Numnimmmmmm
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do not open any $PAXG position (both Long & Short) , if you trust in Paxos company to hold the value of real gold , you can just hold $PAXG only in spot without any pending sell or stoploss order. in the wild market , there're often game of liquidation which is go out of real price
You can check out each Paxos's tokenized product their website, but best of all , if you are truly gold holder, then physical gold is the true answer , better than any contract or paper or token that derived from real gold , there're always counter-party risk.
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