Technical analysis by LilyJones01 about Symbol PAXG: Sell recommendation (5/16/2025)

The chart you've provided shows a bearish flag pattern in the Gold Spot (XAU/USD) 15-minute timeframe. Here’s a breakdown of the trading setup shown:Entry Line (Green): Around 3,235 USD — indicating a short/sell entry point once the price breaks below the flag.Stop Loss Line (Red): Around 3,250 USD — placed above the flag’s upper boundary to limit losses.Take Profit Line (Blue): Around 3,205 USD — suggesting a target price based on the measured move from the previous drop before the flag.This is a classic bearish continuation setup, suggesting that after a consolidation in the rising flag channel, the price is likely to resume its prior downtrend.Let me know if you'd like help with risk-reward calculations, trade management, or identifying similar patterns.Trade ActiveTrade Active