Technical analysis by ProfessorCEWard about Symbol PAXG: Sell recommendation (5/20/2024)

Based on the 4H Chart SLO2 @ 2441 📉 SLO1 @ 2424 ⏳ TP1 @ 2391 TP2 @ 2363 TP3 @ 2343 TP4 @ 2311 BLO1 @ 2304 ⏳ BLO2 @ 2285 ⏳ This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more opportunities for confirmation signals and technical analysis. — Allows for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders. 🔑 ⏳ = PENDING ORDERS BLO = BUY LIMIT ORDER SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFITComment: Based on the 1H Chart SLO2 @ 2441 📉 +2800 pips SLO1 @ 2424 📉+1100 pips TP1 @ 2391 TP2 @ 2363 TP3 @ 2343 TP4 @ 2311 BLO1 @ 2304 ⏳ BLO2 @ 2285 ⏳ ADDITIONAL INFO: 🙏 Based on technical analysis, now that two candles that have opened and closed below our Anchor Candle @ 2414, we should be good for the DT Combined Net Equity is currently @ +3900 pips 🔑 ⏳ = PENDING ORDERS BLO = BUY LIMIT ORDER DT = DOWNTREND PA = PRICE ACTION SLO = SELL LIMIT ORDER TP = TAKE PROFITComment: 🌟 We hit our TP1 & TP2 🌟 💰 TP1 @ 2391, shaved 5000 pips from SLO2 💰 TP2 @ 2363, shaved 6100 pips from SLO1Comment: ✍️ I'm anticipating that PA will return to the DT within this 4H Supply Range Supply (distal) @ 2374 Supply (proximal) @ 2371Trade active: 🔥 WE HIT OUR TP1, TP2, & TP3 🔥 XAUUSD: Curve Analysis (Based on the 4H Chart) SLO2 @ 2441 SLO1 @ 2424 📉 TP1 @ 2391 💰 TP2 @ 2363 💰 TP3 @ 2343 💰 TP4 @ 2311 BLO1 @ 2304 ⏳ BLO2 @ 2285 ⏳ 💰 TP1 @ 2391, shaved +5000 pips from SLO2 💰 TP2 @ 2363, shaved +6100 pips from SLO1 🤑 TP3 @ 2343, CLOSED SLO2 for +9800 pips profit ⏳ TP4 @ 2311, will close SLO1 (pending)