Technical analysis by TradeChartPatternsLikeThePros about Symbol PAXG: Sell recommendation (12/10/2023)

Hello traders, and welcome! Today, let's take a look at gold, presenting a great trading opportunity. As usual, I have identified a pattern, this time a price action reversal pattern called a "V top." The price has broken below the breakout point at 2033.85, accompanied by a surge in volume, indicating increased market participation. Setting the stops above the high preceding the breakout seems like a strategic move. Targets are established from the breakout to the V top, extending to the 38% and 62% levels as the initial targets.Comment: