Technical analysis by adnandn about Symbol PAXG: Sell recommendation (9/15/2023)

After an aggressive push towards the downside, we can see that the price has bounced. However, with low buying volume and one fresh supply ahead, I see a potential for another move down for XAU. I already marked 1922.5 - 1924.5 area as one of a good potential entry for sell position, with a stop loss tightly placed at 1926 or 1926.5. As usual, always do your own research, and this is not a financial advice.