Technical analysis by HesamUNT about Symbol PAXG: Sell recommendation (4/5/2024)

hey traders look at the chart, gold still playing in a bullish parallel channel blue lvls = long-term fib ext yellow lvls = long-term dynamic lvls ( Pitchfan ) white lvls = long-term fib retracement all these 3 lvls confirm this area for potential resistance area as long we play below the dynamic and fibs in 4H n daily TF, we can expect the selling pressure to the marked area in the chart what u think about Gold ? share ur chart n leave a commentTrade active: entry 2358.403Comment: we gt the first rejectionComment: EMA 50-200 bearish cross will b one of the confirmation for brearish scenario n we dont have it yetComment: this time we need 2 go below the area and candles need to stabilize below the EMAs, if it happen, the green area must turn to red, it will b one of the confirmations for the bearish scenarioComment: we got the bearish cross here candles need to close below the channels n fib in 4H TF for next moveComment: Still valid and rejecting from the HTFComment: Still rejection from the Higher TF, make sure u will protect ur profit Make sure u will protect ur profite