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

Ahmad_Fxbeast

> The chart shows a consolidation area near 3310–3330, which is a key resistance zone.> Price recently made a sharp bullish move into that resistance, now testing the zone.> Several historical rejections (red arrows) align with this level, reinforcing it as a decision point.:Bullish Scenario (Buy Plan):Entry Trigger:If 3329–3330 is broken with confirmation (i.e., retest or strong close above). Targets:TP1: 3350TP2: 3400 Note:Confirmation might be a retest of 3322, labeled as "buy trap price", which could serve as new support. Bearish Scenario (Sell Plan):✅ Entry Trigger:Wait for a clean break below 3310, which has held as a support.🎯 Targets:TP1: 3272–3270TP2: 3230Final Target: 3200🔹 Bearish Flow:The projected price path is a stair-step decline, suggesting pullbacks before continuation downward. Summary & Trade Logic:BiasConditionEntry LevelTake ProfitsBullishBreak & hold above 3330Above 3330 (ideally 3329–3330)3350, 3400BearishBreak below 3310Below 33103272–70, 3230, 3200Congrats who followed our setup after breaking 3330 area market hit our first tp which was 3350 and now approached to our final Target area 3400✅ this setup gives us almost 700 pips.Stay tuned for more analysis