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Technical analysis by Elliotwavesglobal about Symbol PAXG: Sell recommendation (6/29/2025)

https://sahmeto.com/message/3605896
Elliotwavesglobal
Elliotwavesglobal
Rank: 30345
1.3

XAUUSD Elliot wave update: Is wave 4 still in play?

Sell
Price at Publish Time:
$3,283.9
Sell،Technical،Elliotwavesglobal

From our previous count we were anticipating a drop for 4th wave completion. We can see now we have been dropping as anticipated. Given the current wave structure I am expecting a double 3 (wxy) to complete this 4th wave. If we are correct then we should expect price to continue down from current position before pulling back up and fall one more time. To take advantage of the move if not caught at the top, one should find areas where price will find resistance to short the market.

Source Message: TradingView
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