Technical analysis by Hassan_fx about Symbol PAXG: Sell recommendation (5/10/2025)

GOLD Weekly Outlook – Waiting for a Clean EntryMy focus this week on gold is based around the recent mitigation of the 3H supply zone. It was a clean setup, but unfortunately I didn’t get tapped in — and with it being late Friday, I decided to wait for a better entry, potentially on Monday.As bullish pressure begins to weaken, I’m also keeping an eye on the 4H supply zone above, which could offer a stronger bearish reaction and a better opportunity to sell.On the flip side, for any potential bullish continuation, I can see price sweeping the liquidity sitting below and then reacting from the 5H demand zone I’ve marked out. That area could provide the base for a re-accumulation and another move to the upside.Confluences for GOLD Sells:- Clear bearish reaction from the 3H supply zone with a completed Wyckoff distribution- Liquidity to the downside remains untapped- Weakening bullish momentum opens room for a possible sell-off- DXY is showing short-term bullish strength, supporting a bearish bias on goldP.S. If price reverses and takes out the current supply zone, I’ll be watching the next 4H supply zone for further reaction — but in the meantime, I’ll adapt by monitoring for a closer demand zone setup.Have a great trading week ahead and stay sharp, traders!