Technical analysis by TetanForex about Symbol PAXG: Sell recommendation (5/2/2025)

As we see in technicals, there is a major support which can became resistance (SBR) and there is a descending Trendline as well. So For XAUUSD pair, my presumption is price going up to 3271-3276 level (may spike a little bit) then go down to the Previous day Low level at least. let's see what GOLD shows us. If price closes 1H over 3285, then the setup is failed. GOOD LUCK!