Technical analysis by XAUUSD-Trade-ideas about Symbol PAXG: Sell recommendation (4/20/2025)

XAUUSD Sell Setup – Short from Resistance at 3350Gold (XAUUSD) has approached a key resistance level around 3350, where previous price action suggests potential for bearish reversal. With the current momentum showing signs of exhaustion, we’re looking for a short opportunity from this zone.Trade Idea:Sell Entry: 3350 (resistance level)Target 1: 3310 – Minor support / first reaction zoneTarget 2: 3290 – Key support areaTarget 3: 3250 – Major support & potential full TP zoneStop Loss: Above recent swing high (suggested: 3360–3370)Analysis:Price has formed a potential double top / rejection wicks near 3350, signaling possible downside. A break below 3310 will likely accelerate bearish momentum.Risk Management:Use proper lot sizing and move SL to breakeven after TP1 for a safe ride to lower targets.