Technical analysis by TRADE_CENTER_1 about Symbol PAXG: Sell recommendation (5/19/2025)
https://sahmeto.com/message/3527277
TRADE_CENTER_1
Rank: 2246
Analytical Power:
2.3

Gold (XAUUSD) is showing signs of a potential double top formation near the 3,240 resistance zone, aligning with an M-shaped pattern. The chart suggests bearish momentum if price gets rejected from this resistance. Key downside targets are: First target: 3,205Second target: 3,177 Final target: 3,120Watch for confirmation of rejection before entering a sell. A break above the resistance would invalidate this bearish setup.First target achieved 3205
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Signal Type: Sell
Time Frame:
2 ساعتPrice at Publish Time:
$3,245.3