Technical analysis by APEX_BULL about Symbol PAXG: Sell recommendation (5/13/2025)

Gold is currently consolidating within a tight range, forming a triangle pattern. The market is making lower highs, and support is holding around the trendline at the 3240 level, while resistance lies around at 3209.Possible Scenarios:Breakout to the upside:If price breaks above the resistance zone and holds, we could see a retest of trendline,Breakout to the downside: A breakdown below the 3207 support could indicate bearish pressure, and market can move further downside