Technical analysis by XAUUSD-Trade-ideas about Symbol PAXG: Sell recommendation (2/25/2025)

1. XAU/USD presents a compelling sell opportunity as price action suggests a potential downside move.2. Technical indicators signal bearish momentum, with resistance levels holding firm.3. Macroeconomic factors favor a stronger USD, pressuring gold prices lower.4. A downward trajectory could target the 2900 level, aligning with historical support zones.5. Rising bond yields and hawkish Fed policies add to gold’s downside risk.6. Failure to breach key resistance zones reinforces the bearish outlook.7. Market sentiment leans risk-on, reducing gold’s safe-haven appeal.8. A break below critical support levels may accelerate selling pressure.9. Short positions may benefit from volatility, with disciplined risk management.10. Traders eye 2900 as a strategic target, capitalizing on gold’s potential correction.Gold trade activated at 2940 and dropped to 2924, securing a 160-pip gain. holding the trade with a target of 2900.Gold (XAU/USD) Has Successfully reached our target of 2900. stay tuned and follow for more trade ideas.