Technical analysis by professionaltradersfx about Symbol PAXG: Sell recommendation (5/16/2024)

XAUUSD | Rising Wedge H4 Timeframe Gold has been create a proper Rising Wedge Current point 2386.00 - 2387.00 On the Other hand , High Alert news are waiting for Gold Gold will touch soon 2370.00 then possible flip path to 2376.00 After that it will make a massive move and hopefully break the trend and touched the 2352.00 point then possibly flip 2368.00 All these flips are based on support level because it will create a proper trend and our last target will be 2330.00 All these idea/Analysis are based on Demand/Supply ,Rising Wedge Predictions are based on Educational Purposes