Sellers are pushing $PAXG lower — short from 3,980–3,995, final target 3,920
PAX Gold is under strong selling pressure on the 4h chart after rejection from higher levels. The short sets up inside 3,980–3,995, with the stop above the zone at 4,045.
Plan:
Entry: 3,980–3,995
TP1: 3,960
TP2: 3,940
TP3: 3,920
SL: 4,045
A sustained move below 3,980 could accelerate the decline toward the final target of 3,920.
Tape: last 3,983.58, down 0.97% over 24h, 24h range 3,983.58–4,058.60, 24h volume 2,247.11 PAXG / 9.03M USDT, 4h candle down 16.71 (0.42%).
PAX Gold is under strong selling pressure on the 4h chart after rejection from higher levels. The short sets up inside 3,980–3,995, with the stop above the zone at 4,045.
Plan:
Entry: 3,980–3,995
TP1: 3,960
TP2: 3,940
TP3: 3,920
SL: 4,045
A sustained move below 3,980 could accelerate the decline toward the final target of 3,920.
Tape: last 3,983.58, down 0.97% over 24h, 24h range 3,983.58–4,058.60, 24h volume 2,247.11 PAXG / 9.03M USDT, 4h candle down 16.71 (0.42%).
