Technical analysis by Ahmedshebe about Symbol PAXG: Sell recommendation (5/7/2025)

As indicated yesterday we were anticipating for a fall , before confirming the UPWARD MOVEMENT which suggested we will hit $3445 - 49 yes we achieved the target not as expected but we did try the waters at $3433. TODAY -------------------------------- The PRICE has been declining UPPER (BULLISH) breakouts which suggests BULLS have exhausted their BUYING power and BEARS are trying to enter the market (DOWNTREND). If $3311- 15 holds as SUPPORT LEVEL , we might see A REVERSAL , but if it breaks we might see further DOWNSIDE. If the BEARISH TREND continues and price fails to break the RESISTANCE , then selling becomes a valid confirmed OPTION,however as indicated on the chart please wait for confirmation from the KEY LEVELS , which are :- $3370 , $3270 and $3223 only after we break this zones we can confirm OUR MELTDOWN- DOWNTREND. A BULLISH SHARK pattern has formed on the chart suggesting a possible reversal , this means if the pattern respects the harmonic structure , we could see a REVERSAL. Inside Bar formation which signals A CONSOLIDATION before breakout , however if the price breaks inside the BAR RANGE , it can signal BULLISH MOMENTUM. A symetrical triangle formation indicating price is coiling up for a breakout, so if the price breaks the upper boundary then BULLS are still on , but if the price breaks down below the lower boundary then that confirms our fall. The candlestick formation indicates two major aspects 1. POTENTIAL REVERSAL 2. CONTINUATION . Overall today's market is a NO GO ZONE for those with small LIQUIDITY , however if you trust yourself that much , then i already have my pending sell entries awaiting to be checked, meaning we are BEARS DOWN SOON.Gartley Fibonacci pattern identified at 5/7 14:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 3,392.16 to 3,346.16 within the next 5 hours. Let's see how it'll unfoldGartley Fibonacci pattern identified at 5/7 14:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 3,392.16 to 3,346.16 within the next 5 hours. Im reckoning to hit $3406-10 before seeing that fall , so we should expect a MINOR BUY , before we experience our FALL.