Technical analysis by ArtOfTrading33 about Symbol PAXG: Sell recommendation (11/13/2024)

Pair: XAUUSDTrade Opportunity: SellType: ScalpingI am expecting a trend-following bearish trade. The market is moving overall in a pattern of lower lows and lower highs on the daily chart. Recently, it broke the support level from October 9 to the downside last night, and now it is retesting this support level, which we now view as resistance after the breakout.On the 15-minute chart, a head and shoulders pattern has formed, with the neckline already broken to the downside, and it is currently being retested.Entry 2606.72Sl 2614.30Tp 2597.21 & 2593.21