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

Best Selling Zone: 2625-2629 area marked as a prime resistance level, ideal for short setups. Trap Seller Area: Currently in play as price is testing this zone. Potential fake-out could trap early sellers before dropping. Break of Structure (BOS): Confirmed break of structure on the lower timeframes, indicating bearish sentiment. Look for a bearish rejection within the trap seller zone before entering shorts for a higher probability trade. Wait for confirmation before entering the trade to avoid getting trapped in a false breakout.