Technical analysis by fsanalysis6 about Symbol PAXG: Sell recommendation (5/21/2025)

* The chart shows recent price action with a clear bullish rally approaching a previously marked **OB Sell Zone** (Order Block Sell Zone), indicating a potential resistance area.* Several support and resistance zones are highlighted using color-coded rectangles: * **Blue zone (top)**: Labeled as "OB Sell Zone", suggesting a prior area of selling interest. Price is currently testing this region. * **Purple zone (middle)**: Indicates a previous consolidation or reaction zone, possibly serving as a support if price reverses. * **Lower blue zone**: Earlier structure area where price had a breakout and retest pattern.**Trade Setup:*** A trade box is drawn: * **Entry** appears to be near the top of the recent rally. * **Stop Loss** is set slightly above the OB Sell Zone. * **Take Profit** extends down toward the purple zone, aligning with prior support.**Market Structure:*** The chart shows a progression of higher highs and higher lows leading up to the current price, indicating short-term bullish momentum.* Reaction from the OB Sell Zone will be key in determining the next move.Current Price: 3,310.84Trend: Bullish (short-term uptrend)Zone in Play: Price is entering the OB Sell Zone, a marked supply area where sellers previously dominated.Potential Setup: A short position is marked, with a stop loss above the OB Sell Zone and take profit near a prior demand area around 3,240.71.Market Watch: If price reacts bearishly from this zone, a reversal may be underway. If it breaks above cleanly, bullish continuation may follow.