Technical analysis by Golden_Spur about Symbol PAXG: Sell recommendation (6/21/2024)

After systematically analyzing the Gold chart on a weekly and Daily basis, I marked the liquidity area. After tracing down the Fib, I noticed that my preferred entry at Fib 0.72 has already breached (going down). Therefore, I entered the trade at Fib 0.618.I expect the price to go down till 2300 and even may touch 2287. I will reenter if price chart breaks 2285 level. Remember it is a swing trade so it will take 2 to 5 days at least, be patient and do not disturb the values once trade is taken. My trade values are:-SHORT Trade Call -4 H - Swing TradingEntry (Sell Limit or Markt Order): 2358S/L : 2388TP1: 2330TP2: 2300TP1 has been hit.Now going for TP2.I forgot to mention that S/L for second trade has to be moved down to entry price. But I have even decided to put it at 2330 which was TP1 so that if trend starts to go up over all I end up in twice the profit if not three times.