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

As of today’s session, Gold (XAUUSD) is trading within a sensitive consolidation phase, with short-term sentiment driven by macroeconomic releases and geopolitical developments.🔻 Support Range Focus: $3,230 – $3,225This zone holds strategic importance for the following reasons:Structural Role: $3,230–$3,225 represents a key demand zone tested multiple times during previous intraday lows—validating it as a potential base for a rebound.Buy Liquidity Zone: Order flow indicates accumulation around this range, suggesting institutional interest in defending this level.Confluence Factors:Previous resistance-turned-supportFib retracement (38.2% from last rally)H1 bullish divergence forming on RSI below 30🎯 Scenarios🟢 Bullish Rebound ScenarioIf the $3,225 support holds:Upside Targets: $3,248 (pivot), $3,267, and $3,289Watch for confirmation: bullish engulfing candle or breakout on volume from consolidation range🔴 Bearish Breakdown ScenarioIf price breaks below $3,225 with momentum:Next supports lie at $3,195 and deeper at $3,167Breakdown could accelerate selling as stop-losses trigger under $3,225📊 Momentum & IndicatorsRSI: Hovering near oversold (H1), suggesting potential for mean reversionMACD: Flat to slightly negative, showing loss of upward momentumATR: Contracting, pointing to a likely breakout scenario ahead🧠 Strategic Takeaway"$3,230–$3,225 is the critical decision zone. Stay reactive—not predictive. Look for reaction strength, not just the level itself."