Technical analysis by LegendaryTom about Symbol PAXG: Sell recommendation (2/14/2025)

LegendaryTom

XAUUSD Update: Gold Traders Eye Ukraine Peace TalksGold traders have been selling into the precious metal following January's CPI release. However, a potential tail risk looms: the Ukraine peace talks, which could trigger a sharp bounce.Key Levels to Watch:Support:- S1: $2,892 (first level of support on Thursday)- S2: $2,872 (next level to defend)- S3: $2,855 (key level to hold)Resistance:- R1: $2,920 (first level to break)- R2: $2,937 (next level to conquer)- R3: $2,950 (big figure to test)Order Block (OB) Analysis:- Sellers show strength, removing buyer stop-losses.- Buyers continuously block limit trains, setting stop-losses.- Buyers are still active, but fewer.Trend Analysis:The trend remains crucial. If the price breaks below the orange zone with sufficient volume, it may be easier to decrease. Be cautious of FOMO selling and numerous seller stop-losses.Please support me with like / boost Also comment on this idea 💡 Wishing you happy trading Thanks 😊300pips running profit