Technical analysis by AnalytixEdgeByQasim about Symbol PAXG: Sell recommendation (7/18/2024)

Recently, GOLD has experienced a significant bullish rally, though the momentum has recently slowed. Indicators such as the completion of an AB=CD pattern, the formation of a double top, bearish divergence, and a break of the neckline suggest a shift in favor of bearish trends. These technical signals indicate that the odds now favor the bears.