Technical analysis by Mr-Perfect-1 about Symbol PAXG: Sell recommendation (2/28/2025)

Mr-Perfect-1

**📉 Gold Short Trade Idea - Trend Continuation Setup** I'm looking for a **sell opportunity** on Gold (XAU/USD) based on the bearish market structure and key confluences: ✅ **Bearish Trendline Respect:** Price is rejecting the descending trendline. ✅ **Supply Zone Rejection:** 2,877 - 2,878 acting as resistance. ✅ **Volume Confirmation:** Selling pressure is increasing. ✅ **Market Structure Shift (MSS):** Lower highs & lower lows confirming a downtrend. ✅ **RSI Weakness:** Bearish momentum remains strong. **📌 Trade Plan:** 🔹 **Sell Entry:** 2,877 - 2,878 (after rejection confirmation). 🔹 **Stop Loss:** Above 2,880 - 2,882 (above liquidity zone). 🔹 **Take Profit Targets:** - 🎯 **TP1:** 2,870 - 🎯 **TP2:** 2,865 - 🎯 **TP3:** 2,858 📊 *Risk Management:* Waiting for price to confirm rejection before entering. A break above 2,880 invalidates the setup. 📢 **Let me know your thoughts! Would you take this trade?** 🚀 #Gold #XAUUSD #Forex #Trading