Technical analysis by rgmfxkiller777 about Symbol PAXG: Sell recommendation (3/11/2025)

Hello Trader, Are you ready for again killing gold, First we are waiting for breakout then our comes to breakout and I hope you are waiting for my analysis chart patterns.This chart suggests a bearish outlook for Gold Spot (XAU/USD) on the 1-hour timeframe. The analysis highlights a breakout from a consolidation zone, with price breaking below a trendline.Key points:Short position setup: Price has broken support and is expected to move lower.Stop-loss (SL): Placed near $2,955.721, just above resistance.Target zones: $2,859.697 and $2,831.763.Bearish confirmation: Price needs to stay below the breakdown zone to maintain the selling pressure.Would you like me to help with a caption for your post?