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

Technical Breakdown on Gold Spot / USD (XAU/USD) – 1H Chart Analysis using Volume Profile, Gann, and CVD + ADX1. Key Observations (Volume, Gann & CVD + ADX Focused)a) Volume Profile Insights:Value Area High (VAH): 3,260Value Area Low (VAL): 3,217Point of Control (POC): 3,234.27High-volume nodes: Around 3,234 – confirms consolidation and price acceptance.Low-volume gaps: Below 3,210 and above 3,275 – potential zones for fast moves.b) Liquidity Zones:Stop Clusters Likely At:Upside: 3,260 (prior swing highs).Downside: 3,200 & 3,175 (multiple swing lows).Order Absorption Zones (Delta Spikes):Near 3,234 and 3,217 – large volume with minimal price movement (potential absorption).c) Volume-Based Swing Highs/Lows:Swing High (Volume Spike): 3,275 (bearish rejection)Swing Low (Volume Spike): 3,200 (bullish absorption)d) CVD + ADX Indicator Analysis:Trend Direction: Currently range-bound, with a possible bullish structure forming (wedge channel).ADX Strength:ADX < 20: Weak trend, range likely.CVD Confirmation:Recent rising CVD + price holding above POC = early demand signsWatch for breakout above 3,240 for stronger confirmation.2. Support & Resistance Levelsa) Volume-Based Levels:Support:VAL: 3,217POC: 3,234Swing Low: 3,200 (absorption)Resistance:VAH: 3,260Swing High: 3,275 (recent rejection zone)b) Gann-Based Levels:Confirmed Gann Swing Low: 3,200Confirmed Gann Swing High: 3,275Key Retracements from 3,275 to 3,200:1/2: 3,237.51/3: 3,2502/3: 3,2253. Chart Patterns & Market Structurea) Trend:Neutral to Bullish Bias – structure forming higher lows within ascending channel.b) Notable Patterns:Falling wedge breakout attempt.Retest of POC zone (3,234) – critical for bullish continuation.Potential double bottom formation near 3,200.4. Trade Setup & Risk Managementa) Bullish Entry (If CVD + ADX confirm uptrend):Entry Zone: 3,234–3,230 (POC support zone)Targets:T1: 3,250 (Gann 1/3 retrace & mid-channel)T2: 3,275 (swing high resistance)Stop-Loss (SL): 3,215 (below VAL + structure invalidation)RR: Minimum 1:2b) Bearish Entry (If breakdown below 3,217 confirmed):Entry Zone: 3,215–3,217Target:T1: 3,200Stop-Loss (SL): 3,235 (above POC)RR: Minimum 1:2c) Position Sizing:Risk 1–2% of trading capital per trade.