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Technical analysis by Forex_ViP_Signalss about Symbol PAXG: Sell recommendation (6/17/2025)

https://sahmeto.com/message/3602133
Forex_ViP_Signalss
Forex_ViP_Signalss
Rank: 1083
2.6
Sell،Technical،Forex_ViP_Signalss

Here's a clear and concise description based on your updated chart analysis for XAU/USD (Gold Spot) on the 30-minute timeframe:---📊 XAU/USD 30-Min AnalysisSupport Trendline: Price is respecting a downward-sloping support trendline, suggesting a possible bullish reversal setup.Support Areas:First support zone marked around $3,367.825, showing a historical bounce area.Secondary support at $3,388.370, which is being retested and holding currently.Price Action:Price has formed higher lows along the support trendline.Current bounce from support suggests bullish strength.Target Zone:Immediate resistance/target marked at $3,449.485.A potential bullish breakout could take price toward this zone if the price stays above the support levels.Volume Profile:Thin volume area above current price means less resistance, supporting the bullish move toward the yellow zone.---🟢 Bias: Bullish (if support holds)⚠️ Invalidation: Break below $3,367.825 with strong volume would invalidate the bullish scenario.Let me know if you want a caption, Telegram post version, or translation (e.g., Urdu).

Translated from: English
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Signal Type: Sell
Time Frame:
30 minutes
Price at Publish Time:
$3,409.66
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