Technical analysis by fsanalysis6 about Symbol PAXG: Sell recommendation (5/20/2025)

This chart illustrates a planned reaction from a defined Supply Area (highlighted as "OB Sell Zone"). The current price is moving toward this region, where a potential rejection is anticipated.Entry Range: 3245 – 3247Risk Boundary: 3251Target Area: 3210The structure suggests a retracement from the upper zone based on past price behavior, aiming for a lower target marked by the recent support zone. The setup follows a favorable risk-to-reward framework, aligning with previous reaction levels and consolidation zones.The blue highlighted boxes represent historically active zones where price previously reacted, suggesting possible repeat behavior(XAUUSD - Intraday)*** **Price Action**: The price is currently around **3,235**, approaching the marked **Supply Zone** (labelled "OB Sell Zone") near **3,245–3,247**.* **Setup Type**: Reversal expectation from a historical reaction zone.* **Entry Plan**: * **Entry Zone**: 3,245–3,247 (pending reach) * **Risk Level (SL)**: 3,251 (clearly defined invalidation) * **Target Area**: 3,210 (previous demand/reaction zone)* **Market Structure**: Range-bound with a mild bullish move toward resistance. Price has bounced off the lower demand area and is retracing upward.* **Risk-to-Reward (RR)**: Approx. **1:4**, indicating a favorable setup if entry is triggered.SummaryThe trade is **not yet active** — it's in a **watchlist/pending** state. Price needs to enter the **supply region** to activate the plan. Until then, it's a potential setup, not a live position.