Technical analysis by fxwithkay about Symbol PAXG: Sell recommendation (6/18/2025)
https://sahmeto.com/message/3615698

fxwithkay
Rank: 6877
Analytical Power:
1.5

🔻 Market StructurePrice is printing lower highs and lower lows — a typical bearish structure.The recent bearish impulse broke below short-term support (~3383), showing momentum is on the downside.Current price action shows a pullback into previous support turned resistance (3383–3385 zone).Bias: SELL ✅Market is bearish — lower highs, lower lowsPrice is pulling back into 3383–3385 resistance zoneAs long as price stays below 3386, we’re sellingEntry: 3383–3385SL: 3390TP1: 3376.30 (50 pips)TP2: 3372.00 (100 pips)Note: FOMC later today — expect volatility. Don’t force it if there's no clean setup.
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$3,406.77