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

🚨 Price Update: Gold finished off last week trading at $2,497, hovering around the POC! 📉🔑 Key Levels:Resistance:$2,515-$2,526 🔴 Major resistance; sellers are stepping in.$2,531 🔺 High level if bulls can push higher.Support:$2,454 🟢 Strong support – buyers holding this zone.$2,430 🟡 Minor support, if it breaks, we could see a move down to $2,410-$2,364 📉⚠️📈 Volume Profile:Heavy volume around $2,497 🔄 indicates consolidation before a breakout.Light volume below $2,480 suggests a quick move to $2,454 ⚡️, and if broken, further downside to $2,430-$2,410 📉.🧐 What's Next?If buyers hold $2,454, we could see a push back to $2,515-$2,526 🔄. A break above opens targets to $2,531 🔺.If $2,454 fails, expect a drop to $2,430 and potentially $2,410 📉.👀 Keep an eye on: Price action at the key support & resistance zones!Follow my Channel for updates! @goldstar_signals