Technical analysis by M_Gheysvandi about Symbol PAXG: Sell recommendation (1/26/2025)

Hello friends We witnessed the formation of a 5-wave bullish pattern on the gold chart and our expectation was for the gold price to grow, which was realized (refer to the previous analysis). Now all the microwaves up to the main wave 3 or C have been completed and we expect a price correction to the $2,720 range. After this correction, the growth or continuation of the price correction depends on the type of wave formed and the global and economic conditions. But in any case, our strategy for now is to correct the price and take a sell trade to the $2,720 range. Be successful and profitable.