Technical analysis by forexNetwork10 about Symbol PAXG: Sell recommendation (2/27/2023)

On the daily timeframe, XAUUSD appears to be in a bearish trend. Gold prices have recently retraced to retest a previous support level that has now become a resistance level. This suggests that gold prices are likely to continue falling in the short term.setup invalid , due to violation of the Sell setup , breaking resistance with ease.