Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol PAXG on 5/18/2025

EA GOLD MAN XAUUSD Entry Point: $3,235.94Stop Loss: $3,235.94 (above current price, suggesting a SELL trade)Target Points:EA Target Point (Downside): $2,974.71 (Short target)EA Target Point (Upside): $3,505.03 (Long target — likely alternate scenario)Resistance Level: $3,121.49Nearby Support Zone: Around $3,000–$2,975📉 Trade Strategy ImpliedThis appears to be a short position setup:Sell at: ~$3,220–$3,235Stop Loss: $3,235.94Take Profit: $2,974.71Risk/Reward Ratio: ~1:3 (very favorable setup if thesis holds)The upside target ($3,505.03) might be for a different scenario — if price reverses and breaks above resistance.🧠 Market Structure ObservationsTrend: A bearish break from a previous ascending channel.Momentum: Price has bounced slightly after hitting support, but the moving averages suggest bearish momentum may persist.Key Risk: If price breaks above $3,236 convincingly, it could invalidate the short setup and trigger a bullish run.📌 SummaryBias: Bearish (based on current setup)Setup: Short with tight stop above resistanceConfirmation Needed: Watch for rejection at the $3,220–$3,236 zone and a breakdown below $3,200 for follow-through.