Technical analysis by Day_Trading_Attack_Penguins about Symbol PAXG: Sell recommendation (5/18/2025)

Day_Trading_Attack_Penguins

"Swing" is just fancy talk for the market’s ups and downs — like waves crashing on a chart! 🌊 We’ve labeled these swings from A to H to make it easier to spot trends. 🟢 The Rise & 🔴 The Fall: A → H Story A → B → C: A clean uptrend (think: "stairway to heaven" for bulls 🐂). C → D → E → F → G: The plot twist — a downtrend kicks in (bears take over 🐻). 🔥 Why Gold’s Trend is DEAD (And How to Spot It) 1️⃣ Key Support Broken: Gold crashed through A and B — the critical support levels of its uptrend. Translation: "RIP Bullish Dream" 💀. 2️⃣ The Final Nail (F → G): The drop from F to G wasn’t a dip — it was a freefall 🪂 with no parachute! 3️⃣ Weak Bounce (H Point): The "recovery" to H? Pathetic. It didn’t even reach F, let alone A. This week’s closing price? Below A. Yikes. ✅ Triple Confirmation: Broken supports + violent drop + weak bounce = Downtrend Certified!