Technical analysis by parviz1953 about Symbol PAXG: Sell recommendation (7/21/2024)

The bullish swing stopped around 2500 ,and is going to retrace down , so i believe its first target is support zone around 2350, which has confluence with 38.2% fibo retracement, then we will have 2nd support zone around 2150 which is at the same level as 61.8% retracement zone .The first target nearly met ,next stop would be around 3225, i think price would have a correction then and after, we will look for more drop and 3150 target...sorry about mistype, the numbers are 2225 and 2150