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Technical analysis by Med_In_Trade about Symbol PAXG: Sell recommendation (2/4/2025)

https://sahmeto.com/message/3224304
Med_In_Trade
Med_In_Trade
Rank: 13912
1.5
Sell،Technical،Med_In_Trade

Market Overview: Gold (XAUUSD) recently had a strong bullish push but is now consolidating. The current price action suggests a possible liquidity grab before a move lower. Key Levels: Resistance / Supply Zone: 2817 - 2822 Support / Target Zone: 2794 - 2792 Previous Day Low (PDL): 2772 All-Time High Resistance: 2830 📉 Bearish Plan: 1️⃣ Price may push into 2817-2822 to grab liquidity. 2️⃣ Look for MSS/BOS + FVG Retest on M1-M5 for confirmation. 3️⃣ If confirmed, enter shorts targeting 2794-2792. 4️⃣ Final target could extend toward 2772 if momentum continues. Watch Out For: If price fails to reach 2817-2822, it might break lower directly. Avoid early shorts—wait for liquidity sweep + structure shift. Volume drop before reversal = extra confluence. Trade Safe! Let the setup come to you.Plan is being cancelled like your favourite Netflix show season 2 lol... Price arrived at POI too fast, too much buying momentum. No trade for me during Asia session...

Translated from: English
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Signal Type: Sell
Time Frame:
1 دقیقه
Price at Publish Time:
$2,830.75
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