Technical analysis by MaximFxBoss about Symbol PAXG: Sell recommendation (2/29/2024)

SELL ENTRY ON GOLD - Possible Swing Entry Currently Price is at Premium of the 4H trading range and we have a Supply area which might be activated this evening for price to start selling. If this happens there is also a probability that price will retest it tomorrow before selling lower. The Monthly movement for February is about to end and as for order flow on Gold there will be a bit of sells this evening to close the monthly candle and tomorrow a possible buy back to the supply area to possibly create the wick for the new month. 📈📉 SELL Entry is 2053.1 SL is = 30 and Max SL = 50 pips STOP LOSS for A+ Setup: Primarily we use the size of the SC candle for our SL, except in the case where the demand or supply candle is more than 60 pips, We look for entry at it's 50% ⚠️ Adjustments of Analysis are possible too SC - Sponsored Candle for (Demand or Supply Zone) :. 🚨🚨🚨 STAY SAFE - Use Proper Risk Management and Trade Management ⚠️ Please LIKE, COMMENT and FOLLOW for future analysis⚠️