Technical analysis by UAE_USA_GOLD_TRADERS about Symbol PAXG: Sell recommendation (5/27/2025)
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Description:The price of Gold (XAU/USD) broke out of a falling wedge but failed to sustain the bullish momentum and dropped sharply. Currently, it's consolidating just above the key support zone around 3290. A trade setup is visible with a tight stop-loss above 3310 and a target near 3254 or lower. If the support breaks, we could see further downside continuation. However, strong buyer volume at this level could indicate a potential reversal. Keep an eye on volume and candlestick confirmation for direction.Let's trade active nowhold for 6 hours
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Signal Type: Sell
Time Frame:
15 minutesPrice at Publish Time:
$3,309.09