Technical analysis by RayTrader123 about Symbol PAXG: Sell recommendation (2/26/2024)

As we can see Gold wave 5 Rally ends at 2150 price ; we are expecting a correction wave rally of ABC ; expected price will be corrected 1st is 1880 price ( WAVE A) 2ND 2025 (WAVE B) FINALLY THE WAVE C the safest price could be touched by wave c is 1723 but if we follow the rule of Elliot wave which is the wave C will touch at 161.80% of FIB then we will have a long bearish move up to 1300