Technical analysis by MaBaCapital2 about Symbol PAXG: Sell recommendation (8/15/2024)
https://sahmeto.com/message/2542792
MaBaCapital2
Rank: 13565
Short idea for XAU/USD (GOLD)
Sell
Price at Publish Time:
$2,454.78

Okay so we can see on the chart that the price is moving into a zone that we got some resistance in the past at. What I want to do now here is see if we could get a chance to go short here if we do get a hit at that level. Entry: (Around) 2471.854 SL: 2488.787 TP1: 2444.464 TP2: 2397.153 TP3: 2362.293 Once we get a hit of the TP1 we will be moving our SL to entry and let the trade run. I will be looking to close it all at around the percentage. So each TP will be around 33% of the trade closed.
Source Message: TradingView