Technical analysis by R_Siahaan about Symbol PAXG: Sell recommendation (3/26/2025)

As of 26/03/2025, XAUUSD is at the following prices:Open: 3019.59Highest (so far): 3027.01Lowest (so far): 3013.19at the current analysis time.There is an indication of a reversal/retest on the D1 timeframe chart.The chart is forming a consolidation after a decline from the previous price of 3054. Currently, the price is at 3015 after a bullish retest candle on 25/03/2025.A new bearish confirmation will only be valid if today's candle does not break above 3007.43 and forms another bearish candle as a setup for momentum on 27/03/2025 to break below 3007.43.If the nearest support area on D1 is broken, the price will most likely target the 2966-2976 range below.Always place a stop-loss at the nearest strong resistance to avoid false breakouts.