Technical analysis by MAKFX21 about Symbol PAXG: Sell recommendation (3/19/2025)

MAKFX21

XAUUSD (30M) - Detailed Execution Zones Based on ICT & Price Action🔹 Bias: Short-Term Bearish, Unless 3,045 Breaks with StrengthMarket is in a range after a strong bullish move.Liquidity traps are likely at both EPH (highs) & EPL (lows).ADR (Average Daily Range) zones suggest price may push lower before another rally.🟢 Bullish Execution Plan (If Smart Money Seeks Sell-Side Liquidity First)🔹 Buy Entry 1: 2,995 - 3,000Confluence: 20ADR Level + Fair Value Gap (FVG)Trigger: Price sweeps below EPL & shows bullish reaction (engulfing, rejection wick).Target: 3,025 (CBR Retest) → 3,040 (Final TP)Stop Loss: Below 2,985 (Full ADR target)Risk: Medium🔹 Buy Entry 2: Break & Retest of 3,045Confluence: Buy-side liquidity grab above EPHTrigger: Strong close above 3,045 & retest of previous resistanceTarget: 3,060 → 3,070Stop Loss: Below 3,030Risk: High (Since it’s above liquidity, fakeouts possible)🔴 Bearish Execution Plan (Primary Plan, Based on ICT Concepts)🔹 Sell Entry 1: 3,040 - 3,045 (Liquidity Grab & Rejection)Confluence: EPH + Order Block (OB)Trigger: Price sweeps above EPH, forms rejection candle (wick, bearish engulfing)Target: 3,025 → 3,010 (ADR Target)Stop Loss: Above 3,050 (If price closes strong above)Risk: Low🔹 Sell Entry 2: Break & Retest of 3,025 (CBR Breakdown)Confluence: CBR level breakdownTrigger: Candle close below 3,025 + retest as resistanceTarget: 3,000 → 2,985 (Full ADR)Stop Loss: Above 3,035Risk: Medium📌 Final Thoughts & Execution SummaryMain Idea: Watch for 3,040 liquidity sweep & rejection to enter shorts.Alternative Buy Plan: If price drops to 3,000, look for bullish reactions.Stay Cautious: Fakeouts are possible, always wait for confirmation before entering trades.🔥 Most Probable Play:→ Short 3,040-3,045 → TP1: 3,025 → TP2: 3,000 → TP3: 2,985 🚀