Technical analysis by Lady_scalper about Symbol PAXG: Sell recommendation (1/19/2025)

hello guys welcome to the new week lets start new analysis .after a bullish movement again gold reach to the 2725 strong resistance levelthe price rejected from this level many time.in long term gold is bullish but in short time i expect gold fall again Price Action: The price is near the resistance level at 2724.31. If it breaks above this level, further upward movement is likely, targeting higher resistance levels. If it fails to break this resistance, a pullback or short-term downtrend might occur. Indicators: RSI (14): At 64.21, it shows that the market is nearing overbought territory but is not yet in the danger zone. If it crosses above 70, a correction becomes more likely. Stochastic (5,3,3): At 80.97, it indicates overbought conditions.