Technical analysis by Ahmedshebe about Symbol PAXG: Sell recommendation (5/15/2025)

Ahmedshebe

Hello Traders, I'm back , as usual we will briefly look into yesterdays analysis before we start today's, yesterday we had first said that the MARKET was fully BEARISH and expected some ZONES to be cashed out but then we saw BULLS TRYING to push MORE BUYS , luckily they didn't manage to have that much and Gave in for BEARS. We did hit $3217 and then went forward and took out $3197. Then the Market fell even further to $3120 and got stagnant there.Today we still have the same idea , we are all BEARISH although before we confirm the SELLS entries by first taking down $3108 after we break this level , we should look for retest , identify candlestick patterns and MOMENTUM, before having those SELL ENTRIES.My SELLS targeting the first TAKE PROFIT ZONE $3053 and then i'm looking at $3012 as the 2ND TAKE PROFIT LEVEL.The DOWNTREND channel is broken i'm expecting a retest first to at least $3168 -80 levels before we have our MELTDOWN.If $3158 plays in then $3168 is an easy entry for our SELL ORDERS.Will be back with further updates.A few buy entries targeting $3173 currently running BLUES.As indicated earlier we had some few buy entries which are currently in good blues , once we hit $3173-80 then i will now look for the SELL ORDERS. Will be back with further UPDATESTAKE PROFIT ZONES UPDATED headed for the PREVIOUS SUPPORT @3194 OR at least at $3100. All in all divided my BUY ENTRIES to both TAKE PROFITS ZONES , and i also have some few PENDING SELL ORDERS at this level.We GOOOOOOO!$3172 TAKE PROFITS zones taken out already , let's see if we will have the remaining Targets achieved..we must achieve $3194 in the afternoon and extend a little further up, to activate our SELL entries.. Let's see what happens. i have at least 6 ENTRIES on profits , and SELL orders Pending Activation for the MELTDOWN.