Technical analysis by muhammadwaqar9 about Symbol PAXG: Sell recommendation (8/28/2023)

The XAU/USD pair has recently formed a Bullish AB=CD pattern, indicating a potential reversal in its prior downward trend. Since it has already broken point B we will take immediate entry for short and watch the price action at point D which is a potential reversal zone. If divergence is found at point D we will enter for long.