Technical analysis by shmtcharts about Symbol PAXG: Sell recommendation (7/1/2024)

Gold is in a bearish downtrend and has to cool off before heading to the higher numbers, possible short incoming give it room to breath upwards and you will make some dough on the short term keep in mind I am bullish gold long term.As we can see gold stayed within the triangle, we can take a buy position if gold bounces of the triangle pattern upwards breaking the structure.GO SHORT if it accepts the triangle structure and gives a red dildo candle