Technical analysis by KevinNguyen-SimpleTrade about Symbol PAXG: Sell recommendation (1/28/2025)

📉 Daily Plan: Global Gold Sell-Off Creates Big Opportunities 🚀🔍 Market OverviewGold prices dropped more than 1% amidst a strong sell-off in the global market, driven primarily by the decline in global stock markets rather than just interest rates or currency movements.This sell-off is tied to liquidity issues, as gold is being sold alongside other risk assets, reflecting a minor liquidity crisis.💡 Key News:Fed Policy Meeting (29/01): Policymakers are expected to maintain current interest rates, but all eyes will be on signals regarding future decisions.Trump’s Tariff Policies: His actions could fuel inflation, creating additional volatility for USD and gold.📊 Technical Analysis & Strategy SummaryYesterday’s analysis played out perfectly, with the market aligning with predictions. Clear corrections delivered 400 PIPS profit from the daily plan and nearly 1,000 PIPS from PREMIUM_SIGNAL.Today, focus remains on retracement waves to find key SELL opportunities at resistance zones.💡 Trading StrategiesSELL SCALP:Entry: 2749 - 2751SL: 2755TP: 2745 - 2743 - 2740 - 2735 - 2730SELL ZONE:Entry: 2760 - 2762SL: 2766TP: 2756 - 2752 - 2748 - 2742 - 2735 - 2730BUY SCALP:Entry: 2732 - 2730SL: 2725TP: 2735 - 2738 - 2742 - 2746 - 2750BUY ZONE:Entry: 2719 - 2717SL: 2713TP: 2723 - 2726 - 2730 - 2735 - 2740 - 2746⚠️ Important NotesWide price range: Recent days have seen broad ranges, like yesterday’s 60-point swing, so trade cautiously.Risk management: Always adhere to Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account.📢 Take Action Now!👉 Follow KevinNguyen-SimpleTrade to get daily market insights and winning strategies! 🚀👉 Wishing you successful trades and profitable sessions ahead! 💰