Technical analysis by FXTradingAnalysis about Symbol PAXG: Sell recommendation (9/17/2024)

If the 2570 support level is breached, it could signal a potential for more downside movement. This level often acts as a key threshold where buyers typically step in to prevent further losses. However, once broken, it may indicate that selling pressure is intensifying, which could lead to a more significant decline in price. Traders should watch for a strong break below this level, as it could open the door for even lower targets, potentially accelerating bearish momentum.Done