Technical analysis by GlebFX_ about Symbol PAXG: Sell recommendation (3/19/2025)

Market Overview:Gold (XAU/USD) continues its upward movement. I will wait for the price to break out of the current structure and form a candlestick pattern.🎯 Key Scenarios:Breakout Scenario:A candle must close within the body of the previous candle, confirming the breakout.After confirmation, I will look for an entry setup on a lower timeframe (e.g., M15 or M5).Pullback Scenario:If the breakout does not occur, I will consider long positions during a corrective move toward the OB IDM (Order Block Initial Drive Momentum) zone.📉 Short Positions:For short positions, I will consider them only if liquidity builds above PDH (Previous Day High) to break the current structure.📊 Trading Plan:Monitor the price action closely:If no short opportunities arise, I will focus on long positions.⚠️ Risk Management:Ensure position size does not exceed 1% of your trading capital to manage risk effectively.📢 Wishing everyone a profitable trading day!