Technical analysis by disciple1912 about Symbol PAXG: Sell recommendation (5/21/2023)

Price is forming a large Wyckoff and the goal is to identify a point where price will simply sell onward. So we are currently in phase of D of the current Wyckoff where price is looking to complete a break and retest. What I’ll be looking for is meaningful candle formations that show the price is rejecting upward moemtum and looking to come down lower. One of the better tell-tale formations is a buy to sell candle or tweezer tops. The idea to buy high sell lower is rooted in how composite players make their moves. So we can hope to find that in the current price movement or some other formation to continue with the sell.