Technical analysis by JulianWarner about Symbol PAXG: Sell recommendation (3/24/2025)

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: $2,980