Something feels very off about this $PAXG ‌ chart right now.

Gold was on a solid run, making higher highs and looking like it wanted to test that five thousand five hundred zone again. But the last day has been heavy. We are down a bit and currently sitting around five thousand three hundred twenty one.
Looking at the daily, we just had a pretty sharp rejection at that local peak. Sellers stepped in exactly where you would expect. The order book is looking lopsided too, with about seventy percent of the volume sitting on the ask side.
If we can’t hold this five thousand three hundred area, we might be looking at a deeper pullback toward the five thousand one hundred support to find some real buyers. It feels like the momentum is cooling off for a minute.

#IranTensionsEscalate