Technical analysis by sagaahhelite about Symbol PAXG: Sell recommendation (7/16/2024)

🚨 XAUUSD (Spot Gold) ANALYSIS🔖 16-7-2024🚨Sell at: $2444-$2452.61-$2473.83-$2493.18Buy at :$2410.79-$2387.08-$2367.02-$2347⚠️ Warning: Do not risk more than 5% of your capital. You might lose your money. trading Strategy: Given the current market dynamics, we suggest the following:🟢For Potential Rebound: • Buy Entry Target Range: $2455(TP1)- $2465(TP2)-$2475(TP3)🔴For Potential Downtrend:• Sell Entry Target Range: $2400(TP1)- $2390(TP2)- $2380 (TP3)🔴Technical Status: XAUUSD: 📌D1 SMA100-P (2380.78) Buy 🔺H4 SMA100-P (2458.57) Sell 🔻H1 SMA100-P (2405.56) Buy 🔺H4 SMA200-P (2388.52) Buy 🔺RSI(14): Status: Overbought STOCHRSI(14): Status: Over bought ROC: Status: Over BoughtWilliam%R: Status:OverBoughtATR(14): Status: SellSOC: Status: Sell