Technical analysis by ashif030 about Symbol PAXG: Sell recommendation (12/26/2024)

Bearish Momentum:1. A sharp move down (red arrow) is expected as price leaves the supply zone.2. The confirmation of the bearish trend is seen in the breakdown of minor support levels.Trend:The current price action indicates a potential trend reversal from bullish to bearish.Key Risk:If the price breaks above the H1 supply zone, it invalidates the bearish setup and suggests further upside.