Technical analysis by lonelyPlayer0 about Symbol PAXG: Sell recommendation (5/20/2025)
https://sahmeto.com/message/3531955

lonelyPlayer0
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GOLD – Fragile Recovery Faces Dual PressureGold shows mild recovery following a week of losses, yet upside remains capped. Dollar softness and Moody’s U.S. downgrade offer tailwinds, but elevated bond yields and optimism over potential U.S. trade deals act as brakes.Traders await Fed remarks and developments in U.S. trade talks. Despite fiscal worries and weak data that could buoy gold, any breakthrough on trade might quickly flip sentiment.Key zones:Resistance – 3257, 3265Support – 3206, 3153A failed breakout above 3265 followed by a pullback below 3257 may signal a momentum shift, opening the door for deeper losses.
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Signal Type: Sell
Time Frame:
30 minutesPrice at Publish Time:
$3,240.36