Technical analysis by Golden-Fund-Forex about Symbol PAXG: Sell recommendation (10/15/2024)

- XAUUSD touched the resistance level at 2661 and reacted there, with strong selling pressure pushing the price down to 2646.- If the price continues to decline and respects the price channel, the next target will be the lower boundary at 2603.- In case the price breaks out of 2661, it will likely surge to 2684.