Technical analysis by Forex_ViP_Signalss about Symbol PAXG: Sell recommendation (6/3/2025)

Here is a more detailed explanation of the chart analysis for XAU/USD (Gold Spot vs. U.S. Dollar) on the 30-minute timeframe:📊 Chart Summary:Instrument: XAU/USD (Gold Spot vs. U.S. Dollar)Timeframe: 30-minuteCurrent Price: Around 3,359.945 USDTrend: Short-term bearish correction, within a potential bullish setup📌 Key Technical Levels:1. Support Zone 🟩Level: 3,342.605 USDThis is the zone where buyers are likely to step in. It's a previous demand area where price may reverse or consolidate before moving higher.2. Resistance Level 🟥Level: 3,391.323 USDA key level to watch. If price breaks above this, it signals bullish strength and continuation.3. Demand Zone 🟦Level: 3,409.880 – 3,410.342 USDTarget area where strong buying activity previously occurred. Price may gravitate toward this if bullish momentum builds.🔄 Price Projection Path (Expected Movement):Price may test the support at 3,342.605, forming a potential reversal base.A bullish move is expected toward the resistance at 3,391.323.If broken, price could continue its upward trajectory toward the demand zone around 3,410.342.🧠 Trading Implication:Bullish Setup: Look for confirmation near the support zone for a long entry.Breakout Traders: Watch for breakout above resistance for continuation trades.Risk Management: Use tight stops below support; consider scaling out near resistance.Let me know if you'd like a trading strategy or signals based on this analysis.Hold on buyers running 40 pipsI told you short term bearish then buy