Technical analysis by TRADE_CENTER_1 about Symbol PAXG: Sell recommendation (5/13/2025)

Gold (XAUUSD) is trading within a clear descending channel, showing a bearish market structure. The recent break of structure (BOS) and change of character (ChoCH) confirm lower highs and lower lows, reinforcing bearish momentum.Price is currently approaching the upper boundary of the channel and a prior resistance zone, making it a potential sell area. If price reacts bearishly here, the next target would be the support around 3243, with further downside potential toward the strong low near 3144.The equilibrium and premium zones above suggest the market remains in a sell bias unless a clear breakout and retest occur above the channel and resistance zone.take profit (TP) levels for a sell setup on XAUUSD:TP1: 3,243 – First support zone, aligns with a small demand areaTP2: 3,220 – Mid-level support near previous structureTP3: 3,144 – Strong low and bottom of the descending channelThese levels follow the bearish structure and assume price respects the upper channel resistance. Use lower time frames to confirm entries (e.g., bearish engulfing, BOS, or rejection wicks).Congratulations our TP's successfully achieved a market reached 3173.Congratulations tp3 successfully achieved👍