Technical analysis by niclaxfx about Symbol PAXG: Sell recommendation (1/27/2025)

niclaxfx

📊 Gold XAUUSD Trade Setup – Jan 27Hey Traders!Here’s our setup for XAU/USD (Gold)! 🏅📌 Plan of Action:We’re monitoring for a confirmed candle close below $2,745 to initiate a sell trade. This will be a market/instant execution, so stay alert and on your charts!📉 Sell Entry Conditions:Entry: Below $2,745Stop Loss (SL): $2,765TP 1: $2,710 – Previous major resistance turned support, expected to hold for a while.TP 2: $2,675 – Strong support zone limit, providing a firm price floor.💡 Key Points:This setup aligns with our WMF video shared earlier. If you missed it, be sure to watch for the detailed breakdown.Remember, timing is everything—wait for confirmation before entering.⚙️ Next Steps:Set your alerts, stay prepared, and share your thoughts or questions in the comment belowCheers, and trade smart! 🫡