Technical analysis by Barry_Games_Trading about Symbol PAXG: Sell recommendation (7/15/2024)

DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 15 July 2024 SELL LIMIT Order: $2408.08 Stop Loss: $2418.56 Take Profit 1: $2397.84 Take Profit 2: $2384.23 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 12 July 2024 Manage to reach take profit 1! Shifted stop loss to breakeven to reduce risk. Let's continue to trade! P&L for the month: +6.3R 01 July: +0.5R 02 July: +0.5R 05 July: +1.6R 08 July: +1.6R 11 July: +1.6R 12 July: +0.5R & Running The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R June: -0.2R