Technical analysis by FX_Jhon about Symbol PAXG on 6/13/2025
https://sahmeto.com/message/3599418

FX_Jhon
Rank: 431
Analytical Power:
3.0

This chart is a technical analysis of Gold (XAU/USD) on a 30-minute timeframe, and it outlines a potential short (sell) trade setup with defined targets and a stop loss. Here's a breakdown of what’s happening:---📊 Chart SummaryCurrent Price: ~$3,421.53Trend: Recently bullish but encountering resistance---📉 Short Trade SetupEntry Idea: Enter a short position near the current price (~3421.53) after recent rejection (indicated by the red arrow).Bearish Expectation: Price may retest lower levels.---🎯 Targets1. Target 1: 3406 (minor support zone)2. Target 2: 3347 (stronger support zone, major target)---🛑 **target 1 done 260pipsTarget 2 Raning 200Pips done
Translated from: English
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Signal Type: Neutral
Time Frame:
30 minutesPrice at Publish Time:
$3,449.67