Technical analysis by short-term-catcher about Symbol PAXG: Sell recommendation (9/14/2023)

Recently, since gold broke its position at 1917, we have been shorting all the way. Of course, there are many bargain hunters who buck the trend. As an analyst, I think the most important thing is to stick to your own ideas. The current hourly chart trend has maintained a volatile and downward trend, and the daily trend has been continuous in recent times. New lows. Whether it is the daily or hourly trend, the overall strength of the short side is dominant. There is no suspense about shorting. We connect the previous high of 1930 and today's high of 1912 to form a downward trend. The hourly pressure of the corner theory is at Continuously extending downward, the highest pressure in the evening can be traced back to the 1910 line, so the price rebounding below 1910 tonight gives us the opportunity to short! The first target line looks towards the important integer support level of 1900! Trading strategy: short gold 1910, stop loss 1914, target 1900