Technical analysis by wetdyerap about Symbol PAXG: Sell recommendation (7/31/2024)

Asia-Europe session analysis on July 31, 2024: The news of war has broken the downtrend on the M30 timeframe, indicating a high probability that prices will reach the liquidity zone of 30-33 and then experience a slight decrease before continuing the upward trend. However, on the H4 timeframe, closing and maintaining prices above the 2440-2445 zone is necessary for the uptrend to resume. The current analysis on the D timeframe still shows a downward trend. Today marks the end-of-month candle closing and is expected to bring unpredictable fluctuations. Key price levels to watch are 2408 - 2410 and 2440 - 2445. Recommended orders: Plan 1: BUY XAUUSD zone 2408 - 2410 SL 2404 TP 2413 - 2423 - 2430. Plan 2: SELL XAUUSD zone 2430-2433 SL 2435 TP 2427 - 2423 -2418.Comment: Get updated on analysis, signals, news: gold, FX, cryptocurrencies at: t.me/yhpanahs