Technical analysis by mytw0cents about Symbol PAXG: Sell recommendation (5/4/2025)

mytw0cents

hello & happy weekend everyone For coming week trade forecast. From the left side, the daily chart indicates that a breakout has occurred, and the current increase is a temporary pullback. If a rejection happens at the 0.236 daily retracement and the trendline on 1 hour chart successfully pushes the price downward, I see an opportunity to short towards the upcoming Fed interest rate decision. And I am very grateful for the support given, especially in some of the previous trades. I hope that my trade plan can help traders identify the direction to enter the market. good luck all **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support