Technical analysis by ChartNinjas88 about Symbol PAXG: Sell recommendation (5/28/2025)

🪙 XAUUSD | Gold Sell Setup Based on Smart Money ConceptsThis is a classic example of how institutions lure in retail traders — tap the golden zone, reject hard, and leave a trail of liquidated longs.🔍 1. Technical BreakdownPrice aggressively climbed into a strong Order Block zoneRejection from the 70.5%–79% Fibonacci retracement areaBroken ascending channel confirms shift in momentumBearish BOS already occurred = Smart Money in controlThis zone (3332–3357) is a magnet for institutional sells.🧱 2. Bearish Confluences💀 OB Rejection: Previous up candle before the sharp drop📐 Fib Overlap: 70.5–79% = premium zone for shorts📉 Structure Shift: Channel break + bearish order flow⚠️ No Candle Close Above OB: = market respecting supply🎯 3. Trade PlanEntry: 3332–3357 (executed)Stop Loss: 3360 (above OB)Take Profit: 3120 zoneThis is a deep sell-side liquidity hunt.⚖️ 4. RRR (Risk-Reward Ratio)📥 Entry: ~3345🔒 SL: 3360💰 TP: 3120✅ RRR ≈ 1:15This is a "swing short with conviction" kind of setup, where patience = profit.🔁 5. Key Confirmation PointsWatch for lower lows and lower highs to continuePrice closing below 3290 = full confirmationIf Gold reclaims 3360 = setup invalidated💬 Comment “Sniped Gold 🥷💰” if you took this short!📌 Save this chart for OB + Fib zone study🎯 Post your entry/exit levels — let’s compare setups📍 Trade Update:🕹️ Entered manually based on real-time confirmation!✅ Structure + momentum aligned = sniper entry executed.🧠 Active management mode ON. Watching closely...📍 Trade Update:💸 50% closed at key level = profit locked in!🧠 Remaining position is riding the trend.🔄 Dynamic SL in place, monitoring price action closely.