Technical analysis by Botsolutions about Symbol PAXG: Sell recommendation (1/5/2024)

Gold turned bearish after breaking structure lows.Price taken out inducement as form of recent swing high. Creating change of character in 5 min timeframe. Good set up for sell entry with 1:3 RRone can choose to keep previous 15 min swing high as stop loss in order to get better risk and rewardAdded entry based on SCOB. With higher RR. Check out related Idea30 PIP already. and 20 PIP on other entry. 20 more PIP and we are out 50% and go break even so that its a risk free tradeHere we go break even. on both the tradesout 50%Good follow up move after breakPrice could form base between 2040.50 and 2036.30 before proceding towards 2030.50Any aggressive move upside breaking this range (2040.50) would be red flag82 PIP and 70 PIP moved on respective trades. Clossing 80%. No More updates. Call it a day.TATA! BYE BYE! GAYATarget Hit