Technical analysis by HL-TradingForex about Symbol PAXG: Sell recommendation (6/29/2024)

Hey dear traders! Personally, I (HL-TradingForex) am seeing a sell setup in gold that is slowly forming a head and shoulders pattern as we start trading in the new week. If the bulls’ efforts from the 2318 support zone fail to break the $2340 resistance, we can prioritize sell strategies from the 2329-2331 resistance zone and SL at 2343. Target 2300, as the technical outlook is negative as breaking this support level has a huge liquidity zone below. Do you agree with my analysis? New week gold selling strategy!Trade activeComment: