Technical analysis by moneyflow_trader about Symbol PAXG: Sell recommendation (7/7/2024)

1. Stoch rsi oversold 2. Bearish wave count (current D leg, looking for retrace to E leg at minimum) 3. Bearish AB=CD pattern set up at bottom of the chart by Stoch RSI & VWMACD 4. 2360 was my sell zone from 2325-2360. This level must hold as support, or gold flushes to 2300.. Also gold bear etfs supports a gold retrace, along with bearish sentiment on GLD in which I have a sell set up for $210