Technical analysis by Ahmad_Fxbeast about Symbol PAXG: Sell recommendation (5/25/2025)

This chart outlines a bearish trading setup for gold (XAU/USD) after a strong rally toward resistance. Here's a breakdown of the setup and what to watch:📉 Bearish Setup Explained: Price recently tested the resistance at $3,370 and showed signs of rejection.: A correction move is projected with targets set at:: TP1: $3,300–$3,310 (first support/test zone): TP2: $3,250 (deeper support zone)⚠️Breakout Condition:The note says:> The market will range in this area; if it breaks $3,300, we can consider more bearish move.> This implies that $3,300 is a critical level — a close below this confirms further downside momentum.🔍 Key Zones: Resistance Zone: $3,370: Sell TP1 Zone: $3,300–$3,310: Key Breakdown Area: $3,300: Sell TP2: $3,250: Major Support Below: Around $3,200–$3,210🔄 Range Possibility> If the price doesn't break $3,300 decisively, expect sideways movement between $3,310–$3,330.> Only a clear break and retest below $3,300 should trigger continuation toward $3,250 and potentially to $3,210–$3,200 support.As we discussed, the 3360-3370 area worked as a resistance. After opening the market, we saw some bearish moves and a sell setup that gave us almost 300+ pips. So now our sell trade is still active; wait for the levels and confirmation. Thank you