Technical analysis by TRADE_CENTER_1 about Symbol PAXG: Sell recommendation (5/22/2025)

We executive sell setup of XAUUSD HERE IS AN ANALYSIS ACCORDING TO THIS CHART XAUUSD on the 4-hour timeframe shows price moving within a descending channel, suggesting a broader bearish trend. Currently, price is near the upper boundary of the channel, indicating a potential rejection zone for sellers.The drawn projection suggests a possible short-term bounce followed by a continuation to the lower boundary of the channel. If price respects this structure, it could drop significantly, targeting levels below 3,200 and potentially near 3,100.In summary: Structure: Descending channel Bias: Bearish continuation Key Resistance: Around 3,355 Key Support Target: Around 3,100Watch for rejection signals at the top of the channel before confirming a sell entry.Are you liked our analysis?