Technical analysis by TRADE_CENTER_1 about Symbol PAXG: Sell recommendation (5/27/2025)
https://sahmeto.com/message/3554149
TRADE_CENTER_1
Rank: 2246
Analytical Power:
2.3

we executive a sell setup of XAUUSD 4-hour time frame The chart shows a clear descending trendline acting as resistance for XAUUSD on the 4-hour timeframe. Price is currently testing this trendline again, but has not yet broken above it.Key points: Price has rejected this trendline multiple times (marked with red arrows). The current setup suggests waiting for bearish confirmation before entering a sell. If confirmed, the first downside target is around 3,280, and the second target is near 3,207. A break and retest below the short-term support would further validate the bearish move.Congratulations 1st target achieved
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$3,324.52