Technical analysis by SLouise96 about Symbol PAXG: Sell recommendation (1/5/2024)
https://sahmeto.com/message/835813

SLouise96
Rank: 17903
Analytical Power:
1.4

After a breakthrough of the bullish 30min trendline, we see the potential for a continuation of the htf bear run. I am waiting for this to display confirmation via a retest at two potential price levels - 2041 and 2045. The latter being more likely considering it is an OB. Although the FVG created only covers the former. Depending on the nature of price action following NFP this afternoon, I will look for taking price all the way to 2033 bullish OB. My initial target of 2036 stands to be most likely and will require a grab and run of liquidity.
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Signal Type: Sell
Time Frame:
30 minutesPrice at Publish Time:
$2,021