Technical analysis by Tradeshoots about Symbol PAXG: Sell recommendation (3/13/2025)

XAUUSD Gold is showing signs of weakness, and I anticipate further losses in the coming days.At the last peak, we formed a clear bearish engulfing candle, signaling a potential trend shift. Following this, the price is now retesting the resistance zone at the previous high while also sweeping the remaining side liquidity.🔸 Key Levels to Watch:📍 If the price takes out Tuesday’s high (13.03), I will look for confirmation to enter a sell trade targeting the Equal Low—as highlighted in the chart.⚠️ Potential Scenario: If resistance holds, we could see a strong downside move. However, if bulls regain control, a breakout above resistance might change the outlook.📉 Do you agree with this setup, or do you see a different scenario? Let me know in the comments! Your thoughts are always welcome. 👇🔥