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

📉 XAUUSD Bearish Breakdown | Gap Down + Order Block RetestGold (XAUUSD) has shown strong bearish pressure after a major support level was broken with a powerful bearish candle, followed by a gap down, signaling a potential trend reversal from bullish to bearish.Currently, the market is retracing back to the broken support, which now aligns with a Bearish Order Block (OB) zone. This area is likely to act as resistance, and we expect price rejection from there.Once a strong bearish confirmation candle forms at the OB zone, we will look to activate short positions targeting the next major support levels.🔽 Technical Target Levels:- 3241- 3207- 3147🔍 Trade Strategy:- Monitor price action at the retracement zone (Bearish OB).- Wait for bearish confirmation (e.g., bearish engulfing or strong rejection wick).- Enter short after confirmation; manage risk properly.💬 Like, comment, and follow if you found this idea helpful — let’s grow and trade smarter together as a community.✅ Shared by DollarsMagnet — Real market structure, clean trade setups, and daily insights.#XAUUSD #Gold #Forex #TechnicalAnalysis #PriceAction #BearishSetup #DollarsMagnet🛑 This is an educational post, not financial advice. Always use proper risk management.The Gold market has formed a continuation pattern — an Inverse Head and Shoulders.However, instead of continuing upward, price has now broken down below the neckline, signaling weakness.The breakdown has triggered our sell setup, and trades are now activated! 📉Watch for further downside movement as the pattern fails and selling pressure increases.Stay sharp and manage your trades wisely!🟡 Gold (XAUUSD) Trade Update – 900+ Pips Secured! 🎯As mentioned earlier, Gold started falling from the 3265 level, just as forecasted.Now it has reached 3176, completing a strong move and delivering over 900+ pips in profit! 🔥Importantly, price also broke down a key demand zone, which was a strong support level, adding further confirmation to bearish momentum.✅ Perfect execution from entry to target — congratulations to everyone who followed the plan!Stay tuned — more clean setups coming soon.