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

https://sahmeto.com/message/1767920
AnthonyAaron
AnthonyAaron
Rank: 18622
1.4
Sell،Technical،AnthonyAaron

This 4h bullish mitigated orderblock is the zone to expect bullish orders but besides that gold has shown bullish weakness after aggressive bullish trend since the start of the year. On the chart I've played two possible scenios one is that price breaks through the order block without raiding the highs.Or price pushes up to 2366 filling up the FVG and from there continuation of the established downtrend.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2,286.23
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