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Technical analysis by EA_Gold_Man about Symbol PAXG: Sell recommendation (4/17/2025)

https://sahmeto.com/message/3423282
EA_Gold_Man
EA_Gold_Man
Rank: 186
3.3
Sell،Technical،EA_Gold_Man

🔹 **Gold (XAUUSD) M30 Trading Idea – April 17, 2025****Market Bias:** Bearish (Short-term)**Entry Zone:** 📍 Between **3,358 – 3,367** Look for price to retrace and form a rejection or bearish candlestick pattern in this zone before entering a **sell** position.**Trade Setup:**- Wait for a price retracement toward the resistance/entry zone.- Confirmation: Bearish rejection (e.g., pin bar, engulfing candle).**Sell Entry:** ⏫ Around **3,358 – 3,367****Target Point:** 🎯 **3,300 – 3,295** This is a strong support area, where you can consider taking profit.**Stop Loss:** 🛑 Above **3,370** To protect against a false breakout or trend reversal.**Risk-Reward Ratio:** Approximately **1:2+** depending on entry precision.---

Translated from: English
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Signal Type: Sell
Time Frame:
30 minutes
Price at Publish Time:
$3,363.08
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