Short Opportunity
#PAXG Gold is pulling back, and I'm catching this short-term dip.
The rejection from 4157.63 was sharp, and now the sellers are stepping in.
📉 Short
$PAXG Entry: 4040–4050
SL: 4075
TP1: 4020
TP2: 4000
TP3: 3980
The price shot up to 4157.63 but couldn't hold it, and now it's sitting at 4044.09 and losing momentum. The rejection from the top was sharp, and the volume is drying up – classic signs of an exhausted rally. Sellers are stepping in at every bounce, and the momentum is clearly shifting downward. With the 24h low at 4036.26 already in sight, I think we're headed for a deeper retracement.
Watch 4020 – if that breaks, we could see a quick drop toward 4000 and 3980. A move back above 4075 would invalidate this setup, but as long as bears control the action, I'm comfortable riding this down.
$DEXE $BULLA