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Technical analysis by PouyanTradeFX about Symbol PAXG: Sell recommendation (4/30/2025)

https://sahmeto.com/message/3468841
PouyanTradeFX
PouyanTradeFX
Rank: 4350
1.8
Sell،Technical،PouyanTradeFX

👀 Observation:Hello, everyone! I hope you're doing well. I’d like to share my analysis of XAU-USD (Gold) with you.Looking at the chart, XAU-USD is currently in a descending triangle pattern. After reaching the top of the triangle, I expect a price decrease. I anticipate that the descending triangle will break downward, and I have two price targets in mind.📉 Expectation:Bearish Scenario: After the breakdown of the triangle, my first target is 3245, followed by a potential second target at 3167.💡 Key Levels to Watch:Resistance: Top of the descending triangleSupport: Breakout level below the triangle💬 What are your thoughts on XAU-USD this week? Let me know in the comments!Trade safeFirst Target 3245 Touch

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$3,317.08
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