Technical analysis by Olivia-Grace about Symbol PAXG: Sell recommendation (12/2/2024)

XAUUSD H4 Chart AnalysisBearish Trend Reversal ConfirmedKey Highlights:- Choch pattern formed after multiple Break of Structure (BOS) events- Trend reversal from bullish to bearish confirmed- Recent fill of Fair Value Gap observedMarket Outlook:Gold poised for decline after filling Fair Value Gap and bouncing off Point of Interest (POI)Trading Strategy:- Selling Zone: 2640-2660- Stop Loss: 2680 (above POI)- Take Profit targets: 1. 2610 2. 2570 3. 2540We Were Closed to Get Take Profit1 but it again get reversal from 2620. Be patient Soon waterfall will occur. Still We got 350+ Pips Profit.Target 1 Achieved 👍 We have Running profit of 450+ Pips