Technical analysis by Mbjoey about Symbol PAXG: Sell recommendation (12/3/2024)

XAUUSD topped out at almost 2800 and there after we have seen some consistent lower lows and lower highs. If price continues to hold around the 2650 area with some significant rejections, we just might see price creating a new lower high and potentially targeting the 2542 key zone area. Although we might see price dropping lower than that, I will rather lock in some profits when price comes to that zoneAlways do your analysis before taking any trade. Past results does not guarantee future results