Technical analysis by fxwithkay about Symbol PAXG: Sell recommendation (2/27/2025)

Gold has broken below a key consolidation zone, indicating potential for further downside. 🔹 Sell Zone: Watching 2902 - 2905 for a possible retest before continuation. 🔹 Bearish Confirmation: A rejection at this zone could signal further selling pressure. 🔹 Target: A move towards 2854 if price respects the structure. 📌 Trading Plan: ✅ Wait for a pullback to the sell zone before entering. ✅ Look for confirmation (rejection or bearish candlestick pattern). ✅ Manage risk with stops above recent highs. Patience is key—let the market come to you! 📊🔥