Technical analysis by fxwithkay about Symbol PAXG: Sell recommendation (2/11/2025)

Bias: Sell 🔴 (If Price Breaks Below 2892 - 2890) Reasons for Sell Bias: 1️⃣ Rejection from 2940 Resistance • Price reached a key resistance zone and strongly rejected downward, showing seller dominance. 2️⃣ Bearish Momentum & Breakdown • The market has been making lower highs and lower lows, indicating a shift to a downtrend. 3️⃣ Potential Break of 2892 Support • If price breaks below 2892 - 2890, a further drop toward 2880 and lower is likely.