Technical analysis by Algo_Trading_Mql5 about Symbol PAXG: Sell recommendation (5/27/2025)

Algo_Trading_Mql5

I'm outlining a short (SELL) trade setup for XAU/USD (Gold). Here's a breakdown of your trade idea:Entry: 3308 (SELL)First Target (FVG): 3250(FVG likely refers to a Fair Value Gap – a liquidity target in imbalanced price zones)Final Target: 3140Let’s assess the setup:Key Points to Consider:1. Risk Management:Have you set a stop-loss? For this short, a logical SL might be above recent highs or structure – perhaps around 3330–3340.Position sizing is critical depending on account size and risk tolerance.2. Market Context:Is this based on a higher time frame imbalance, a bearish trend continuation, or news catalyst?Are you following a liquidity sweep strategy or reacting to a key resistance rejection?3. Technical Confirmation:Confirmation from order blocks, bearish divergence, or break of market structure (BOS) could strengthen your setup.Would you like me to:Analyze the chart if you provide a screenshot?Provide a technical breakdown of current XAUUSD levels?Help calculate risk-to-reward or position size for this trade?Let me know how you'd like to proceed.