Technical analysis by alonso780 about Symbol PAXG: Sell recommendation (6/4/2024)

Is till believe that XAUUSD doesn't have enough momentum to beat previous highs of 2400 to 2450. Bullish momentum dies off after the sellers stepped In and tried to take control of the narrative three weeks ago from 2450.Yesterday the price rose to 2350 and was unable to stay above a mini-resistance 2360 and now I still think GOLD In XAUUSD has to drop to 2300 or 2250s to find enough gas to go past 2400s and 2450.On a short term Gold is bearish. on a long term gold is bullish******************************************************************************************************8Always trade with a hard stop loss and do your research before pulling any trades.