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Technical analysis by Swing-Trades about Symbol PAXG: Sell recommendation (7/3/2023)

https://sahmeto.com/message/2528627
Swing-Trades
Swing-Trades
Rank: 18415
1.3
Sell،Technical،Swing-Trades

Gold is making a rising wedge and got rejected from resistance (upper band).if we break the chart in lower timeframe (5 mins or 15 mins), it has given entry and there are two potential targets we have on card. targets are marked with a good risk to reward ratios.Update 1: Target 1 reached, update your stop loss to entry (cost to cost) or trail it with 1920. since the trend is changed and gold may possible touch 1880 too.First target reached, second target trailing SL

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$1,904.63
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