Technical analysis by Michael-Kay about Symbol PAXG: Sell recommendation (7/1/2024)

Continue to buy around the 2324-2317 range. When it rises to the 2348-2352 range, we need to observe the resistance level here and look for opportunities to short. Before that, there is also the 2342-2346 range to pay attention to. There is also considerable resistance at this position. My idea is to try to sell around 2343, starting with a small amount. If the price can reach the 2348-2352 range, close all longs and increase the number of selling lots. Trading signal: sell@2343-2352 tp 2336-2328-2321-2312Trade active: Friends who do not have long positions can wait until the 2343-2352 range to short, or buy at the current price and add orders after the price falls back. In fact, they are the same. When trading, sometimes there is no need to stick to it. Being more flexible can create more profits.Trade active: Slowly rise and gradually make profitsTrade active: The tp set at 2336 was hit again. Congratulations, we made another profit.Trade active: Today we are still buying in the 2324-2317 range. So far, we have only hit the 2336TP level. The price has fallen back and then rose again. Judging from the indicators, it still has upward momentum. The probability of reaching 2343 is more than 60%, so the order can be held for some time. If it cannot break through 2336, we will consider closing it. Friends who missed the previous trading opportunities can continue to try to buy, with moderate risk.Trade active: The price has entered the short rangeTrade active: Add SellTrade active: Close the added order and add it again after reboundTrade active: Continue to sell