Technical analysis by TheForexAdventures about Symbol PAXG: Sell recommendation (1/5/2025)

hello dear traders this is my xauusd analysis.kindly share your opinion with me about this chart in comment sectioncurrent xauusd price is 2639.00The price of gold now running near our neckline that's w we expect bullish movement from this level to our given resistance if it not break then we expect big sell move from that zone This is not financial advice but the technical and fundamental analysis show that the price of gold will go down to the our support areaKey points:supply zone 2710.00/2718.00resistance 2651.00/2662.00RBS 2626.00/2633.00demand 2595.00/ 2584.00Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me!Best Regards, The forex adventuresas we mention market will retrace from RBS zone to our resistance zone now from this area we are looking for bearish momentumtrade setup : entry 2649 / 2654 (50 pips) stop loss 2669 (200 pips) target1 2639 (100 pips) target2 2629 (200 pips) target3 2619 (300 pips) target4 2609 (400 pips) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the like' button & Share it with your friends; thanks, and Trade safe.