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Technical analysis by Bullionbuzz about Symbol PAXG: Sell recommendation (3/18/2025)

https://sahmeto.com/message/3372375
Bullionbuzz
Bullionbuzz
Rank: 4563
1.8
Sell،Technical،Bullionbuzz

The chart shows a technical analysis of Gold Spot (XAU/USD) on a 1-hour timeframe.Resistance Zone : $3,028.50 - $3,033.5Support Zones / Targets:Target 1: $3,015.00Target 2: $3,000.00Target 3: $2,980.00Analysis Insight:The chart suggests a potential short (sell) setup, indicating the price might face rejection from the resistance zone and move downward.Multiple bearish price action paths are illustrated, hinting at a gradual decline with temporary pullbacks.The three horizontal lines represent take profit targets at successively lower levels, suggesting a step-by-step profit-taking strategy.Trading Idea:Sell Zone: Near $3,028–$3,034Stop Loss: Likely above $3,042Take Profits:TP1: $3,015TP2: $3,000TP3: $2,980ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.target 1 smashed 180+ pips booked and also running 240+ pips so friends what are you guys waiting for?such a sniper short.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,066.43
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