Technical analysis by njclimber about Symbol PAXG: Sell recommendation (2/10/2024)

This is a dynamic strategy involving following limit orders behind candles, waiting for the retrace then tag in and score a TP as the candle returns to the trend it was originally going. Executed on the 1m or 5m timeframe but 5m is untested.Comment: In terms of gold, which I typically short, you get in on the greens that jump out of trend, then bleed them out until closing. After collecting the profit from the candle, we exit like we were never there. The assassin sneaks behind the candle, and cuts its throat, that's why it returns to red and pays you in pips.