Technical analysis by masouj about Symbol PAXG: Sell recommendation (9/12/2024)

XAUUSD "🚨 Gold Trade Update🚨''We're seeing signs of weakness in the bullish long-term trend line, with the short-term trend line now invalidated. A lower high has formed, accompanied by a bearish engulfing candle, signaling potential downside movement.🔑 Risk Management Tips:Reduce your position size and risk exposure.Never risk more than 1% of your portfolio per trade.Be cautious of false signals and avoid over-leveraging.Stay disciplined, stick to your trading plan, and always prioritize risk management for long-term success!"