Technical analysis by Biaxar about Symbol PAXG: Sell recommendation (1/23/2024)

Join me in a detailed analysis of key zones and movements on the XAUUSD chart. Let's uncover potential strategies and discuss market implications together. Your thoughts and insights are highly welcome in the commentsPlease note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.The supply zone has been absorbed without breaking the previous high, indicating a potential continuation of the downtrendIt touched the supply zone again and gave us the second chance to enter short-term sell setups and the bearish trend started there