Technical analysis by CryptoBullTrades about Symbol PAXG: Sell recommendation (10/15/2024)

I'm currently eyeing a short position on XAU/USD. The setup indicates a potential downside move, with bearish sentiment building up. Key levels for entry, take profit, and stop loss are already defined and visible on the chart. Should the price action continue its current trend, there's a solid opportunity to capture profit as the market corrects. Manage your risk accordingly and keep an eye on how the market reacts around critical support areas.