Technical analysis by JohnHarry_7 about Symbol PAXG: Sell recommendation (4/29/2025)

Gold price drifts lower as signs of easing US-China trade tensions undermine safe-haven demand. The USD reverses a part of the overnight slide and exerts additional pressure on the XAU/USD pair. Fed rate cut bets might cap the USD and help limit losses for the commodity amid geopolitical risks.Conversely, if Gold buyers defend the abovementioned channel support at $3,300, a rebound toward the $3,370 static resistance will be inevitable.Xauusd buy 3317Support 3333Support 3349Target 3360Stop loss 3284Xauusd buy 130 pips doneCheck my work