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Technical analysis by Mr_Babz about Symbol PAXG: Sell recommendation (1/7/2025)

https://sahmeto.com/message/3144583
Mr_Babz
Mr_Babz
Rank: 12496
1.5
Sell،Technical،Mr_Babz

Sell Zone: 2657-2658 (1H Order Block)Take Profit (TP): 2647 (Support Area)Analysis Overview:Price is approaching a 1H Order Block (OB) within a key Resistance Area around 2657-2658. The expectation is for price to reject this zone and move downward towards the Support Area at 2647, aligning with the overall technical structure.Confluence Factors:1H OB ZoneResistance AreaRSI showing overbought conditionsRisk Management:Partial profits can be secured near 2647, and stops should be managed above the OB zone to protect capital.Let’s see how it plays out!

Translated from: English
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Signal Type: Sell
Time Frame:
15 minutes
Price at Publish Time:
$2,663.07
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