Technical analysis by David_Perk about Symbol PAXG: Sell recommendation (5/4/2025)

COT Report Analysis:If wee look deeper in to the COT data we can see that market makers been actually selling this rally. Since they had 356K net longs they been taking profitson the way. Now we can see that shorts are also slightly increasing. I would be only bearish for now until 3000. May is also one of the strongest months for USD:Dollar Seasonal TendenciesHey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing.Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday.Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance.Analysis done on the Tradenation ChartsDisclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis."Adapt what is useful, reject what is useless, and add what is specifically your own."— David Perk aka Dave FX Hunter ⚔️