Technical analysis by MamounAli about Symbol PAXG: Sell recommendation (12/9/2023)

In this chart I have a very good example by using Stan Weinstein's Stage Analysis method from his classic book Secrets for Profiting in Bull and Bear Markets. The Gold on the 4H chart Stage2 is finished when the price did not make a new HH also the price break the last HL under MA Stage3 is sterted by retesting the last HL and formed a new LL Stage4 is started by breaking the last LL under the MA I have a sell order at 2027.77.... Let us see...I moved my SL to 1997.20 So the short is closed with profit ...