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

1. Reaching key resistance at 24182. 1h candle at 7am closed wick relatively long top-wick suggesting struggle to continue trading higher3. 1h Break of previous high and then traded into candle open4. 30m candle closed under resistance, creating a fake-out5. Break & retest of wick on 8:30 candleEntry: entered on 8:30 candle break of lowCounter-trend trading meant that I aim to secure tight target.