Technical analysis by BenMcyInsights about Symbol PAXG on 5/29/2025

🗿 Head & Shoulders PatternLeft shoulder → Head (~3 366 $) → Right shoulder near the downtrend lineA close below 3 283 $ would validate the shoulder break and signal a bearish turn🔄 Pullback to 3 283 $?After the H4 close under 3 283 $, expect a quick retest of that level to hunt stopsPerfect short entry if the H&S holds🎯 OTE Support TrapJust below lies last week’s Optimal Trade Entry zone (3 260–3 270 $)Gold often fakes lower here before resuming the rally⚔️ ScenariosBearish : Close < 3 283 $ → retest 3 283 $ → drop to 3 240 $ / 3 200 $Bull trap : bounce off OTE → trap of retest 3 283 $ → rally back to 3 330–3 350 $🌍 Macro NoteGeopolitical tensions (Ukraine/Russia) keep Gold bid as a safe havenNo major bearish catalyst yet—watch for a potential trap👉 Key Level: H4 close under 3 283 $. Use the retest to confirm your bias!