Technical analysis by Sphinx_Trading about Symbol PAXG: Sell recommendation (5/4/2025)

Gold Weekly Forecast Gold closed last week below the previous weekly lows at 3,260, confirming bearish intent. Price has now left behind multiple imbalances from the bullish leg that started at the 3,000 level. We could first see a retracement to the small imbalance zone around 3,300, followed by a bearish continuation back to the main support/imbalance zone near 3,000. Sideways price action is likely early in the week — but unless bulls reclaim 3,300+, momentum favors a retest of the base. Bias: Bearish Key Zones: •Resistance / Rebalance: 3,300 •Support / Imbalance Target: 3,000 — Weekly forecast by Sphinx Trading Drop your view in the comments. #Gold #XAUUSD #GoldForecast #LiquidityVoids #TechnicalAnalysis #SphinxWeekly #SmartMoney #FVG #3kLevel