Technical analysis by ForexFox_SA about Symbol PAXG: Sell recommendation (1/19/2025)

In daily time frame the price is in the correction phase. The correction type is a barrier triangle and the barrier is above the price (2725). In theory this type of triangles indicates that the price will move beyond the barrier after completing the 5 waves. Now the 4.th wave downwards is about to start and the target is 2663-57. After price touches there highly possible the price has the support from there and again move to 2725 and breake it this time. The vertical lines are the predicted dates for the moves indicater with arrows. This are my predictions not an advice for any investment.