PAX Gold
Short
Updated

PAXGUSD - Tested & Broken Channel Support

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PAX Gold has had a really healthy upward momentum for a couple of months, gaining well over 10% in the process; but now we have broken this clear channel on the underside.

Are the bears coming for PAXG? Or could this be a quick fakeout before returning to channel?

We have received a short signal from CTv2 which increases our suspicions of a bear market fast approaching.

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Note
Pretty perfect analysis so far!

Let's get that support level broken for profit!
Note
That's cracked that! A great profit so far!

Where are we heading next?

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