Technical analysis by JustinNGng about Symbol PAXG: Sell recommendation (6/8/2023)

XAUUSD is seemingly rejecting the resistance above it at around 1968. A medium risk of short position should be considered. RSI is also leaving its overbought level indicating a weaken in bulls.Price actually went up to test resistance and down 100 pips instantly . Congrats on those who took the short position near the strong resistance zone <3