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Technical analysis by GoldenThesis about Symbol PAXG: Sell recommendation (4/25/2025)

https://sahmeto.com/message/3447683
GoldenThesis
GoldenThesis
Rank: 3490
2.0
Sell،Technical،GoldenThesis

🧠 GoldThesisGold is coiling into a textbook symmetrical triangle — right on the 0.5 Fib retracement level (~$3,226) from its $3,496 top. Price action is compressing fast, and a major breakout looks imminent within days. The RSI is hovering in the low 30s, signaling that the downside may be reaching exhaustion.🔍 Technical BreakdownPattern: Symmetrical triangle forming, squeezing toward apex (end of April).Fib Levels:0.618 = $3,289 (rejection confirmed)0.5 = $3,226 (current support zone)0.382 = $3,162 (next support if breakdown confirms)Volume: Decreasing — classic compression before expansion.RSI (14): 33 — near oversold territory. Could be setting up a bullish divergence if price sweeps lows.Volatility: Dangerously quiet... for now.🟩 Bullish CaseIf price holds $3,226 and breaks triangle resistance around ~$3,300, we could see fast movement to retest $3,380 (Fib 0.786) and eventually $3,496 ATH.RSI reversal + volume surge = likely breakout trigger.🟥 Bearish CaseFailure to hold $3,226 or $3,162 sends price to $3,083 (Fib 0.236) or lower.Bear trap possible near ~$3,150 if liquidity is swept.🚨 My PlanWaiting for triangle resolution.Long above $3,300 breakout retest with SL below $3,226.Short below $3,162 confirmation with tight invalidation.⚔️ Final WordThe triangle is almost full — this is the calm before the storm. Whether gold rallies back to ATH or dumps to shakeout late longs depends on how this coil resolves. Get ready, the move will be violent.

Translated from: English
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Signal Type: Sell
Time Frame:
30 minutes
Price at Publish Time:
$3,278.77
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