Technical analysis by Trade_Simple_FX about Symbol PAXG: Sell recommendation (10/4/2024)

XAUUSD H1 We broke our area of resistance here on XAUUSD over the eastern session. We have now made a slight adjustment to our trading zone, $2,660/oz has now been moved to circa $2,670/oz. Which now incorporates the next level of resistance, and stops now cover the next areas of previous high price. We have that whole number confluence, area of H1 and H4 supply, obviously areas of resistance... Lets see what this zone offers, but again, treading carefully around the data cluster we have later today.