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Technical analysis by Samurai_07 about Symbol PAXG: Sell recommendation (6/14/2022)

https://sahmeto.com/message/3125423
Sell،Technical،Samurai_07

XAUUSD#Gold #XAUUSD has been declining since March, and has shown an accelerated move to the downside (mid april to mid may) signaling a short position. After almost a month of moving side ways and failing to reclaim above the broken trendline, a bearish continuation is now in play aiming at 1721 and 1687The third continuation wave should bring the price lower to these levels.Short position can be taken between 1829 - 1845 $TP1 1721 $TP2 1687 $SL = 1D close above 1880 $Risk/Reward = 2.9

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$1,812.58
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