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Technical analysis by EA_Gold_Man about Symbol PAXG: Sell recommendation (4/29/2025)

https://sahmeto.com/message/3461275
EA_Gold_Man
EA_Gold_Man
Rank: 196
3.3
Sell،Technical،EA_Gold_Man

📊 **Gold (XAU/USD) M30 **🧭 Overview:** Gold is currently trading around **$3,331** after facing resistance near the **$3,355** zone. The chart shows a key **resistance point** at $3,352–$3,355, with multiple rejections from that level.---**📍 Key Levels:** 🔼 **Resistance Zone:** $3,352 – $3,355 🔽 **Support Levels:** - 🟢 Minor Support: $3,299 - 🔵 Major Support: $3,267 ---### 🔄 **Scenarios to Watch:**1. **📈 Bullish Scenario (Blue Path):** - If price breaks and holds above **$3,331**, it may **retest resistance** at **$3,355**. - A **strong breakout** above $3,355 could signal further upside momentum 🚀.2. **📉 Bearish Scenario (Red Path):** - If price **fails to break higher** and gets rejected below $3,331, a drop is likely. - A **break below $3,299** could lead price down to the **next support** at **$3,267** 📉.# ⚖️ **Bias:** Neutral to 🔻 **bearish** below the $3,355 resistance area.### 🧠 **Strategy Suggestion:** - 👁️ Watch closely near $3,331 for price action signals. - 📉 Consider **short entries** on a lower high or rejection near $3,331–$3,340. 🎯 Targets: $3,299 and $3,267 - 📈 Only go **long** on a **clean breakout + retest** above $3,355.

Translated from: English
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Signal Type: Sell
Time Frame:
30 minutes
Price at Publish Time:
$3,331.84
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