Technical analysis by Biaxar about Symbol PAXG: Sell recommendation (8/25/2024)

Since gold is at an all time high, it's harder to use higher time frames to determine supply zones. However, we can use lower time frames. It's a bit riskier, but we can profit from the corrections. The way I analyze the market, it's challenging to predict when it will turn bearish, especially on the higher time frames, given the lack of historical data at this price level. But as soon as I see a change of character in both lower and higher time frames, I'll share my bearish setup with you here.Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.