Technical analysis by naumanfx_ about Symbol PAXG: Sell recommendation (3/3/2025)

Gold (XAU/USD) – 4H Chart AnalysisCurrent Price: 2,871.620T O J O I N MENTORSHIO OR S I G N A L G R O U PWT APP + 9 2 3 1 0 5 3 9 6 7 3 1Technical Outlook:🔸 Market Structure Shift (MSS): Price has broken below key support, indicating a bearish shift in market structure.🔸 Resistance Zone:A strong resistance area is marked between 2,880 – 2,900.If the H4 candle closes bearish in this zone, it presents a short-selling opportunity.🔸 Sell-Side Liquidity Target:First Target: 2,831.886 – A key liquidity zone where price may seek orders.Final Target: 2,773.373 – The next major sell-side liquidity range where further downside is possible.Trade Setup:🔻 Short Entry: Around 2,880 – 2,900, if price shows bearish confirmation.🎯 Take Profit Levels:TP1: 2,831.886TP2: 2,773.373🛑 Stop Loss: Above 2,905, to protect against fakeouts.Conclusion:The market is bearish, and a short position can be considered if the H4 candle closes bearish within the resistance zone. The targets are well-defined within the sell-side liquidity range, making this a high-probability trade setup.📉 Watch for price action confirmation before entering!