Technical analysis by traderchamp_ about Symbol PAXG: Sell recommendation (2/15/2025)

⭐️ Premium Club Short Trade @ 2929 - Target Achieved! 💰Our recent short position from 2929 played out perfectly, hitting all targets with an impressive +290 pips in profit! 🎯📉 Scalping the Golden ZoneAs expected, we capitalized on the key support zone, securing an additional 100-120 pips on a quick long scalp. These fast-moving plays continue to deliver solid returns!➡️ What’s Next for Gold?Strong Support Zone Identified – Price has reached a critical demand area, signaling a potential short-term pullback.1H Order Block Retest – We anticipate a retracement or a possible tag-in before further movement.Risk-Reward Setup – A well-structured long entry from this zone could yield another profitable trade when markets open Monday.Major Resistance in Place – Despite a bounce, selling pressure remains strong, and Friday’s momentum suggests further downside in the near term.📈 Trading Plan:🕹 Look for long setups at the identified support with a tight SL & proper R:R.🕹 Keep an eye on the 1H bearish price action for confirmation of a continued move down.🕹 If resistance holds firm, we could see another strong sell-off later in the week.💡Stay ready for the next high-probability setup! 🚀