Technical analysis by FX_Elite_Club about Symbol PAXG: Sell recommendation (6/23/2025)

FX_Elite_Club

Here is my 1H Gold Chart and this is my opinion , the price opened this week with massive wick to upside to take all stop losses and then moved to downside very hard and aggressive , we have a very good Res that we sell from it last week 3377.00 , it`s still strong and forced the price many times to respect it so it still my fav level to sell it again today if the price touch it and give me a good bearish price action to confirm the entry and we can targeting 300 pips at least . if we have a daily closure above my res then we will think about buying instead of selling , but until now i`m looking to sell it from the level i mentioned .The Price Moved +200 Pips , So I Closed 80% From My Contracts , And Waiting For 4H Closure To Confirm That The Price Will Continue To Downside.The Price Hit Full Target And Now I`m Looking To Sell It Again From 3343.00