Technical analysis by Esmeralda_Gold about Symbol PAXG: Sell recommendation (9/4/2024)

Gold prices continue their downward slide from the start of the Asian session, dropping over 180 pips for the day and currently hovering around the $2,475 mark.A glance at the short-term chart clearly shows a dominant bearish trend, with gold moving within a wedge pattern under strong pressure from the bears.Given the current market dynamics, it's evident that sellers have the upper hand. Following the trend remains the priority. My strategy is to sell – what’s yours?it so great