Technical analysis by ewturk about Symbol PAXG: Sell recommendation (1/21/2025)

The current Elliott Wave pattern analysis remains valid as long as price stays below $2,757Daily closes above $2,757 would invalidate the current wave countTraders should exercise caution and consider adjusting positions if price approaches this critical levelThis invalidation level serves as a key risk management point for positions based on this analysisThis creates a clear strategic boundary for:Risk managementPosition sizingStrategy validationStop-loss placementTrading Tip: Using daily closes rather than intraday spikes provides more reliable signals and helps avoid false invalidation due to market noise.Invalidation Level: Elliott Wave Pattern Becomes Invalid Above $2,757My EW count remains valid.