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

For the XAUUSD short trade, please see my analysis prior to NFP here:So gold prices did respect the support now changed resistance level of 2325, gold prices popped back up to 2320 before closing out the week at 2301, with 2280 currently being a support level for gold. Overall speaking I still stand along my perspective of shorting gold and with my TP1 at ~2195 TP2 at ~2120