Technical analysis by Pipsview_Analysis about Symbol PAXG: Sell recommendation (4/14/2025)

Pipsview_Analysis
XAUUSD Technical Analysis Update

🔹 Timeframes Observed: H1, M30, and M15 Gold (XAUUSD) has officially broken the trendline on all three lower timeframes — 1 Hour, 30 Minutes, and 15 Minutes — indicating a clear shift in market structure towards the downside. 🔹 Key Support Level: The next critical confirmation of bearish continuation will occur if price breaks below the $3116 support zone. A clean break and retest of this level can serve as strong validation for further downside movement. 🔹 Target Zones: If the bearish momentum sustains, price may head towards the following levels: 🎯 Target 1: $3195 🎯 Target 2: $3172 🎯 Target 3: $3132 🔹 Stop Loss: To manage risk effectively, a recommended stop loss is placed at $3250. This helps protect against unexpected price spikes or false breakouts. 🔹 EMA Confluence: The 21 EMA on the M30 timeframe has been broken, adding another layer of confirmation to the bearish bias. This EMA break often signals a shift in short- to mid-term trend direction. ⚠️ Important Note on Fundamentals: While technicals currently show a bearish setup, it's essential to monitor fundamental drivers closely — including economic news releases, central bank statements, tariffs, and geopolitical events — as any significant development can invalidate technical patterns and shift market sentiment instantly.Target 01 reached