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

Gold is going in bearish trend after a long bull run since June 2024. Simple Fib retracement has been drawn to identify the likely TPs.SHORT Trade CallEntry Sell:2585SL: 2608TP1: 2558TP2: 2512TP3: 2484A safer approach for this trade for those have not taken it yet is to Enter through Sell Stop at price $2577.TP1 reached; however, then trend reversed to bullish. Therefore, it triggered Stop Loss which I had manually moved to Breakeven after hitting TP-1. Therefore, trade closed without any gain or loss. Now trend is making a Bullish Pole & Flag pattern OR one may consider it making AB=CD pattern.