Technical analysis by PipsHunt about Symbol PAXG: Sell recommendation (1/14/2025)

As you can see on the 4H timeframe, Gold (XAU/USD) tapped into the Fair Value Gap (FVG), which acted as a resistance zone, leading to a bearish reaction. The price has started to move downwards, confirming the rejection.Currently, we have identified a strong support level at 2659, which aligns with a key structure level. This provides us with a short-term target of 2660, considering the overall trend and price action dynamics.Sniper entry with massive 100 pips running trade hold for more fall my last target is 2634 Follow me for more updates on GoldTrade close after 140 pips booked Follow me for more chart