Technical analysis by TRADE_CENTER_1 about Symbol PAXG: Sell recommendation (5/9/2025)

XAUUSD 4-hour chart shows price currently testing a resistance zone. The market structure indicates a potential shift from bullish to bearish, with a Change of Character (ChoCh) already printed. The recommendation is to wait for bearish confirmation—such as a strong rejection candle or break of a minor support—before entering a short position. If confirmed, the first target lies around 3,278 and the second target near the 3,201 support zone. Volume also shows increased selling pressure, supporting the bearish bias.here are the suggested take-profit (TP) levels for a short setup on XAUUSD:TP1: 3,278TP2: 3,201These levels align with the highlighted support zones and are marked as “1st TARGET” and “2nd TARGET” on the chart. Consider moving your stop to breakeven after TP1 is hit to protect capital.congratulation market reached 3209 our target almost hit