Technical analysis by pejman_zwin about Symbol PAXG: Sell recommendation (5/23/2025)

Gold(XAUUSD) moved as I expected in the previous Idea and reached the Resistance zone($3,387-$3,357) and Resistance lines.Gold is moving near the Resistance lines, Resistance zone($3,387-$3,357), Potential Reversal Zone(PRZ)[$3,384-$3,367] and Time Reversal Zone(TRZ).Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.In terms of Elliott Wave theory, Gold appears to be completing microwave 5 of Main wave 3, so Main wave 3 could have an extended structure.I expect Gold to experience at least one correction after entering the PRZ and TRZ, the correction could continue to $3,329. If the Support lines are broken, the next target could be the Support zone($3,280-$3,245).Note: If Gold touches $3,420, there is a possibility of further pumping and breaking the Resistance zone($3,435-$3,406).Gold Analyze ( XAUUSD ), 2-hour time frame.Be sure to follow the updated ideas.Do not forget to put a Stop loss for your positions (For every position you want to open).Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Trade was activated when Gold entred to PRZ and TRZ