Technical analysis by TradingStar090 about Symbol PAXG: Sell recommendation (4/15/2025)

Sell Setup Details- **Entry Point (Sell at):** 3221 The current price of Gold (XAU/USD) is near $3221, and this is where you would initiate the sell position.- **Target Price:** 3200 The target for the trade is $3200, where you expect the price to reach. This is your profit-taking point.- **Stop Loss (SL):** 3230 Set your stop loss at $3230 to limit potential losses. If the price rises above this level, the position will be closed to prevent further losses.- **Support Level:** 3219 The support level is at $3219. If the price drops near this level, it could hold, potentially causing a reversal upward.- **Resistance Level:** 3231 The resistance level is at $3231. If the price approaches this level, it may face difficulty moving higher, confirming the strength of the selling pressure.This setup suggests a short-term bearish view on gold, with a relatively tight stop loss and clear target based on current price action and key levels.https://www.tradingview.com/x/QDAE5cpA/