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

https://sahmeto.com/message/3464743
BrytJoy
BrytJoy
Rank: 2718
2.2
Sell،Technical،BrytJoy

Gold (XAU/USD) on 4hr timeframe chart is showing signs of a potential trend reversal after forming a classic Head & Shoulders pattern on the chart. The structure is well-defined, with both shoulders forming around the $3,360 zone and a prominent head at $3,435. The neckline support lies between $3,285–$3,295, which has now been broken multiple times, signaling possible continuation to the downside.📉 Key Bearish Targets: TP1: $3,245 TP2: $3,190 TP3: $3,115 ❌ Invalidation:A strong close above $3,376, invalidate the setup.#XAUUSD #Gold #HeadAndShoulders #TechnicalAnalysis #PriceAction #BearishSetup #ChartPatternsClosed this order manually as i wanted to sell at higher prices. New sell order got activated at 3323 which is still within plan. Gold respected the Head & Shoulders breakdown perfectly — TP1 ($3,253) reached,

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$3,312.89
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