Technical analysis by FortunaInvestments about Symbol PAXG: Sell recommendation (10/21/2021)

Hello TradersAs we can see Gold/USD is moving inside of Ascending Channel. Price attempted to break above 1787 several times but it wasn't successful and ended with a drop.Also RSI trendline in 2hr TF has broken.We believe that price will retrace a bit toward 1782- 1784 zone and will continue to drop further.Targets has been shown in chart.Thanks for ReadingTeam Fortuna-RC