Technical analysis by oghenerhwona about Symbol PAXG: Sell recommendation (8/17/2023)

XAU USD has broken through the lower-low of the daily time-frame at 1892.96 which indicates that the general trend is a downtrend. my speculations for today would be a retrace to 1900.53 or 1902.55 for a liquidity sweep before resuming the downtrend to 1889.80( watch out for CHOCH on the 15mins time-frame before confirming entry) WARNING!!! be mindful of today's high impact news on usd like or comment to share your opinion