Technical analysis by Trader_366_FX about Symbol PAXG: Sell recommendation (8/7/2024)

We see that this Bearish hourly range was created after a market structure shift after liquidity was taken. We can denote from this range as well that price is creating further sellside liquidity to be taken out later on. Because price is still on discount prices of the range, we wait and see what develops or if price has the willingness to get to premium prices before selling off.