Technical analysis by Kiu_Coin about Symbol PAXG: Sell recommendation (4/23/2025)

Hello Traders 🐺I hope you're doing well — especially if you followed my last idea, because you probably took some chips off the table and got prepared for a healthy correction.As I mentioned before, if BTC (aka digital gold) starts to bounce, there's a strong chance we’ll see a correction in GOLD — because these two assets are starting to decouple. At the time of writing this idea, BTC is up nearly 10% compared to two days ago, while GOLD has dropped around 6% and printed a very bearish candlestick pattern. Let me show you:BTC vs GOLD:As you can see on the chart above, BTC has broken out of a bullish flag, while GOLD is printing a potential local top — at least in the short term.📉 My personal price targets for GOLD:First Target: Around the support trendline at 3088$. If you want to be more conservative — since we’re still in an uptrend — it’s smarter to take profits and buy back around the 0.5 Fibonacci level.Second Target (Worst-case scenario): Around the blue monthly support trendline — near the 0.786 Fibonacci level — somewhere around 2850$. Why? Because the RSI shows a triple top and a strong bearish divergence. If this pattern plays out, we could see more short-term pain in GOLD.I hope you enjoyed this idea — and as always, remember:🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺🐺 KIU_COIN 🐺