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

https://sahmeto.com/message/3483906
SuvashishFx
SuvashishFx
Rank: 4886

Gold Price Action

Sell
Price at Publish Time:
$3,347.19
Sell،Technical،SuvashishFx

Hello traders! This is almost same setup or pattern as BTCUSD https://www.tradingview.com/chart/BTCUSD/I1L2nF7s-BTCUSD-Price-Action/ If you look closely at the left side of the chart, you’ll notice multiple rejections from the same zone — forming a head-and-shoulders-style distribution. This area has now become a strong supply zone. 📌 What to Expect: This is a high-probability short setup. If price taps into the supply zone again, it could trigger a strong move down, especially with liquidity already swept.

Source Message: TradingView
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