Technical analysis by FXFOREVER_87 about Symbol PAXG: Sell recommendation (5/15/2025)

📊 XAU/USD Price Action Update – May 15, 2025🔹Current Price: 3,149.23🔹Timeframe: 15M📌 Key Supply Zones:🔴 3168–3172 – Minor intraday supply zone🔴 3187–3192 – Strong rejection zone; previous aggressive sell-off started here📌 Key Demand Zone:🟢 3128.8–3168 – Fresh demand zone formed after price mitigation and bullish reaction; acts as the current support base⚡️Bullish Scenario:If price breaks and sustains above 3172, we may see momentum pushing toward 3190s with possible continuation to 3200 psychological level.⚠️Bearish Scenario:Failure to hold above 3168 could trap late buyers; price might revisit 3140s or retest the demand zone below.🔍 FXFOREVER Insight:✅ Supply is getting tested; watch for M5/M15 confirmations✅ Wait for strong bullish candle or break of structure before buying✅ Set alerts at 3172 and 3192 zones for possible entries or exits#XAUUSD #GoldTrading #SmartMoneyConcepts #FXFOREVER #PriceAction #SupplyDemand #ForexSetup #IntradayTrade