Technical analysis by Artiverma256 about Symbol PAXG on 3/17/2025

XAU/USD (Gold Spot / U.S. Dollar) on a 4-hour timeframe.Chart Details:• Current Price: 3,001.514• Sell Price: 3,000.730• Buy Price: 3,001.530• Trend: The price is moving inside an ascending channel but has now reached the marked “Entry Zone”, which suggests a potential sell area.Possible Price Movement:• The chart indicates that after reaching the Entry Zone, gold may start to drop.• There are two key support levels at 2,955.091 and 2,924.770, where the price could decline.• A zig-zag pattern suggests that the price might experience pullbacks before continuing downward.Analysis:• If the price rejects from the “Entry Zone,” it could be a sell opportunity.• Take Profit (TP) levels: 2,955.091 and 2,924.770• If the price breaks above the zone, further bullish movement is possible.This chart suggests a bearish setup for gold, but further price action confirmation is needed before entering a trade.