Technical analysis by DollarsMagnet about Symbol PAXG: Sell recommendation (4/3/2025)

📉 GOLD (XAU/USD) - Double Top & Bearish Breakdown Incoming? 📉Gold has been trading in an ascending channel, but a possible double top pattern is forming near $3,163. The recent breakdown from the midline suggests that sellers are stepping in! 🚨🔎 Key Observations:✅ Double Top Rejection: Price failed to break above $3,163, signaling a potential bearish reversal.✅ Break Below the Channel Midline: A retest of $3,129 could act as a confirmation before further downside.✅ Bearish Targets: Next support zones lie at $3,083 - $3,005, with potential for deeper correction.📊 Possible Scenarios:📌 Bearish Case: If price gets rejected at $3,129, expect further downside towards $3,060 - $3,040.📌 Bullish Case: If bulls reclaim $3,129, gold might retest highs near $3,163.⚠️ Watch price action closely! A confirmed breakdown could accelerate selling pressure! 📉What do you think? Will gold hold, or is a deeper drop coming? Share your thoughts in the comments! 👇🔥#Gold #XAUUSD #Trading #Forex #DoubleTop #TechnicalAnalysis #PriceActionOur entry activated from supply zone at 3130 from there falling down start..📉 XAUUSD Market UpdateGold (XAUUSD) has dropped significantly from our identified supply zone at 3130, reaching our final target at 3005 — achieving a remarkable 1250+ pips in profit! ✅🎯This move perfectly aligns with our forecast, and we’re proud to see the strategy play out just as planned. A big win for those who followed the setup — let’s celebrate this success! 🥂📊👉 Like, comment, and follow for more high-accuracy forecasts and trading insights.#XAUUSD #GoldAnalysis #TradingSuccess #MarketUpdate #ForexSignals #TechnicalAnalysis