Technical analysis by DollarsMagnet about Symbol PAXG: Sell recommendation (5/14/2025)

DollarsMagnet

📉 XAUUSD Bearish Flag Breakdown | Trend Continuation Pattern in PlayThe Gold market (XAUUSD) has broken a major support level with a strong bearish candle followed by a huge gap down, indicating a significant trend reversal from bullish to bearish.After this shift in momentum, price has now formed a Bearish Flag and Pole pattern, which is a classic continuation structure in a downtrend. This pattern has already broken to the downside, confirming bearish pressure.Currently, Gold is retracing back to the resistance zone around 3241, which was previously strong support. This level also aligns with the flag retest zone. If a bearish candle forms and confirms rejection, it could be the start of the next sell wave in gold.🔽 Technical Target / Support Levels:- 3207- 3147- 3110 (Flag pattern target)🙏 I want to take a moment to thank everyone who continues to support, like, and follow my ideas here. Your engagement motivates me to keep sharing quality analysis and trade setups.Kind regards,DollarsMagnet#XAUUSD #Gold #BearishFlag #TechnicalAnalysis #PriceAction #GoldForecast #DollarsMagnetGold retraced back to the resistance level at 3237, where it’s now forming bearish candles on lower timeframes.This is our key entry zone — time to open the first trade layer as selling pressure builds.Watch for continuation toward lower support levels.