Technical analysis by XXXX4X about Symbol PAXG: Sell recommendation (10 hour ago)

Gold has completed its Elliott 5th wave, reaching a new all-time high. A smaller ABC correction is now expected. While the main upside trendline is still intact, it has already been tested 3 times — giving high probability that at least a short-term break could occur. Targeting wave A’s resistance level could form a bull flag for continuation higher. Possible correction zones: • 3550–3580 area, where multiple supports and trendlines align Additional confluences: • RSI trend breaks to the downside across multiple timeframes, dipping below 50% • Stochastics have stayed overbought for an extended period • MACD showing a potential double-top formation, failing to reach new highs Disclaimer: This idea is for educational purposes only. Please do not place trades solely based on this setup.Unfortunately, I didn’t notice that the post was set to private instead of public when price hit target. Here’s the private link where you can see the setup played out and reached target:Sorry, I meant to write this: "Unfortunately, I didn’t notice the post was set to private instead of public. Here’s the private link where you can view the original setup."