Technical analysis by ChartingMarketInsights about Symbol PAXG: Sell recommendation (4/7/2025)

ChartingMarketInsights

🔻 Gold Sell Setup - Bearish Rejection Zone (3026) 🔻This is a potential short (sell) setup for Gold (XAUUSD) around the 3026 level. The price is showing signs of rejection near a key resistance zone. The setup is based on a clear structure with multiple take profit (TP) levels and a well-defined stop loss (SL), offering a favorable risk-to-reward ratio.📌 Sell Entry: 3026🎯 Take Profits:TP1: 3024TP2: 3022TP3: 3020TP4: 3018🛑 Stop Loss: 3036🧠 Analysis Insight:The price has tested the resistance zone multiple times and failed to break above it, indicating possible exhaustion of bullish momentum. If price holds below 3026, we can expect a bearish push towards the take profit targets. A break above 3036 would invalidate this setup.📉 Trade with proper risk management and watch for confirmation before entering.📉 Trade with proper risk management and watch for confirmation before entering.come on trade active sell gold 3026 quick fast now sell