Technical analysis by MMFlowTrading about Symbol PAXG: Sell recommendation (5/12/2025)

🟠 GOLD (XAU/USD) – Weekly Open Analysis: Gap Down Sparks Fresh Bearish MomentumGold opens the week with a sharp gap-down, reflecting a cooling of global tensions and softer tones in tariff negotiations over the weekend. With both geopolitical risks and trade conflicts showing signs of de-escalation, investors quickly shifted away from safe-haven demand, leading to immediate downside pressure in early Asia hours.🔍 Market Context:The price action remains within a bearish parallel channel on the M30 timeframe.A visible GAP ZONE has formed between $3326 – $3328, which now acts as a key resistance area to watch for a potential retest.This week brings critical US economic data including CPI, PPI, and a Fed speech, all of which could drive large volatility.The market is likely to remain extremely sensitive to any shifts in:US inflation expectationsFED forward guidanceFurther headlines on tariffs or geopolitical escalations (Russia–Ukraine, India–Pakistan)🔧 Trading Strategy for Today (13/05/2025):Bias: Short-term bearish unless clear reversal signs appear.Primary focus: Sell the rally, especially near key resistance zones.🔺 Key Resistance Levels:$3288$3308$3326–$3328 (Gap Fill Zone)🔻 Key Support Levels:$3262$3246$3236$3200🎯 Trade Ideas:🔵 BUY ZONE:Entry: $3246 – $3244SL: $3240TPs: $3250 → $3254 → $3258 → $3262 → $3266 → $3270 → $3280Valid only if buyers show strong defense at key support zones.🔴 SELL ZONE (Main):Entry: $3326 – $3328SL: $3332TPs: $3322 → $3318 → $3314 → $3310 → $3305 → $3300🔴 SELL SCALP (Early Intraday):Entry: $3306 – $3308SL: $3312TPs: $3300 → $3296 → $3290 → $3286 → $3282 → $3278 → $3270⚠️ Key Reminders:Volatility is expected to remain high throughout the week due to macro events and shifting risk sentiment.Trade with discipline — stick to your TP/SL and avoid emotional entries.Wait for confirmation at your planned levels. Let the market come to you.📣 Final Note:This week is packed with catalysts. Patience and precision will define successful trades. Follow this account for real-time updates as the market reacts to US CPI and Fed commentary.