Technical analysis by Chetan_alpha about Symbol PAXG: Sell recommendation (2/3/2025)

Selling Zone (Red Highlighted Area):This area represents a potential resistance zone where sellers are expected to step in.It is likely based on past price action where the market previously reversed downward.Liquidity Zone (Dashed Line Below Selling Zone):This suggests an area where stop-loss orders and pending orders might be placed.Traders often look at liquidity levels for potential reversals or breakouts.Current Price Action (Near the Selling Zone):The price moved upwards towards the selling zone and has started showing signs of rejection.A red candlestick indicates selling pressure after reaching this resistance area.