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Technical analysis by Olivia-Grace about Symbol PAXG: Sell recommendation (3/27/2025)

https://sahmeto.com/message/3378598

Gold (XAUUSD) – Bearish Reversal Setup

Sell
Price at Publish Time:
$3,059.97
Sell،Technical،Olivia-Grace

Analysis & Trade Idea:Gold is currently trading within an ascending channel but has approached a strong resistance zone near $3,056 - $3,064. A potential rejection from this level could trigger a bearish move.📉 Sell Scenario:Entry Zone: $3,056 - $3,064Target Levels:✅ TP1: $3,026✅ TP2: $3,000Stop Loss: Above $3,072📊 Technical Outlook:The price has reached a supply zone, indicating a possible reversal.A break below the channel support could confirm a strong downside move.Maintain strict risk management and wait for confirmation before entering.⚠ Disclaimer: This analysis is for educational purposes only. Trade wisely

Source Message: TradingView
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