Technical analysis by Elliotwavesglobal about Symbol PAXG: Sell recommendation (8/18/2025)
https://sahmeto.com/message/3715858

Elliotwavesglobal
Rank: 30345
Analytical Power:
1.3
XAUUSD update
Sell
Price at Publish Time:
$3,347.62

Price is yet to finish the 4th wave correction. The current wave structure shows a possibility of a complex correction with wave X unfolding as a triangle. If we are correct we should expect wave Y to the downside when the triangle is completed as indicated on the chart. To take advantage of these movements on should find support to ride wave C of E. and then short the market to completion of the larger degree 4th wave.
Source Message: TradingView