Technical analysis by Khalifapatrick about Symbol PAXG: Sell recommendation (8/9/2024)

It is likely that XAUUSD will experience a downward trend from the current price of 2422 to 2407. This potential drop could be influenced by factors such as technical indicators, market sentiment, and economic events impacting gold prices. Traders may consider short-term selling opportunities as the price is expected to decline in the near future.