Technical analysis by voxesartategy about Symbol PAXG on 3/16/2025
https://sahmeto.com/message/3349055
This chart is a 4-hour price chart of Gold (XAU/USD) with annota
Neutral
Price at Publish Time:
$2,996.92

1. Support Level (Upper Blue Line - Around 2,982)This was a previous resistance level that was broken and is now acting as support.The price is currently testing this level.2. Bearish Trade Suggestion ("Use full margin bearish")The annotation suggests entering a short (sell) position with full margin from the current level.This means the analyst expects the price to drop from this point.3. Target Area (Middle Blue Line - Around 2,932)This is the expected price level where the price might fall, acting as a target for the short trade.4. Resistance Area (Lower Red Line - Around 2,925)A lower level where the price might find some support again.
Source Message: TradingView
