Technical analysis by Sphinx_Trading about Symbol PAXG: Sell recommendation (4/14/2024)

- Price closed last week with the strongest bearish momentum in years after reaching a new high at 2430.0.- As you see in the charts price created trendline liquidity below 2330.0 (sign for bearish move).- Great point of interest created at 2365.0as you see in the charts so it could be a good zone to short after confirmation at LTF.* We may see a big bearish move to 2250.0- Price swept the last lows. created at 2333.0 and closed with a strong bullish candle.- We can predict sweeping the last highs also filling the imbalance / FVG created at 2380.0 levels and that would be our premium zone to enter a short position.