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

https://sahmeto.com/message/3445184
ProfessorCEWard
ProfessorCEWard
Rank: 5898
1.6

Gold Hits the Ceiling and Slides — All Eyes on Support Zones

:Sell
Price at Publish Time:
$3,306.03
Sell،Technical،ProfessorCEWard

XAUUSD 4H TECHNICAL ANALYSIS OVERALL TREND 📉 DOWNTREND — A strong reversal occurred after tapping the Pivot High near 3,500, triggering heavy sell pressure as signaled by the dynamic resistance and confirmed by a sharp momentum shift. 🔴RESISTANCE ZONE 🔴 3,500.000 — SELL STOPLOSS | PIVOT HIGH 🔴 3,473.328 — SELL ORDER 2 🔴 3,418.942 — SELL ORDER 1 🎯ENTRIES & TARGETS 🎯 3,315.400 — SELL ORDER & TP1 🎯 3,228.382 — SELL ORDER & TP2 | Mid-Pivot 🎯 3,164.297 — SELL ORDER & TP3 🎯 3,065.920 — EXIT SELL & TP4 🟢SUPPORT ZONE 🟢 3,041.597 — BUY Order 1 | 🟢 2,983.746 — BUY Order 2 | 🟢 2,956.560 — Dynamic Support | Reversal Watch 📉OSCILLATOR INSIGHTS RSI at 38.17 — Weak, nearing oversold Stoch %K at 11.77 — Near bottom, possible bounce CCI at −124 — Deeply oversold, buy signal building MACD & Momentum — Both signaling strong bearish continuation Stochastic RSI flat at 0.000 — Indicates a bottoming potential 📉MOVING AVERAGE SUMMARY All 10–50 MAs are SELL signals — Short-term sentiment bearish 100 & 200 EMAs/SMA — Still supportive (BUY), suggesting macro trend not broken VWMA and Ichimoku Baseline confirm short-term bearish control 🤓STRUCTURAL NOTES Rejection from 3,500-level created a sharp fall back inside the previous range Short-term bearish control confirmed by a clean break below 3,315 (TP1) Major confluence area forming near 3,041–2,983 as next test zone Volume profile favors bounce if buyers defend 2,956–3,041 range TRADE OUTLOOK 🔎 📉 Sell Bias active below 3,315 with deep pullback toward 3,041–2,983 likely 📈 High-Risk Long Reversal possible near 2,956 support if volume spikes and momentum shifts 👀 Watch Hull MA (3,278) — rising into falling price = potential compression setup 🧪STRATEGY RECOMMENDATION CONSERVATIVE (Trend-Following): — Entry: Sell below 3,315 — TP: 3,228 / 3,164 / 3,065 — SL: Above 3,418 AGGRESSIVE (Reversal Scout): — Entry: Buy at 3,041 / 2,983 — TP: 3,164 / 3,228 — SL: Below 2,956 “Discipline | Consistency | PAY-tience™”

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