Technical analysis by haliforex about Symbol PAXG: Sell recommendation (7/14/2023)

Price has formed a double top pattern in the 15 minute timeframe after creating a change of character. A reversal can be expected as it has also created a bearish engulfing candle in the resistance zone. We could potentially see price reverse to the 15 minute swing low of 1955 and possible a second target of 1953.5 which is the neckline support zone.