Technical analysis by Jack-Mastermind about Symbol PAXG: Sell recommendation (6/30/2025)

Gold is currently trading within a critical technical zone, presenting a high-probability trading opportunity for both intraday and swing traders.🟢 Trendline Retest & Key Resistance Zone After breaking below the major ascending trendline, price has now pulled back toward the 3,316–3,327 resistance area, which aligns with the previous trading range bottom. This confluence of structure suggests a potential rejection zone.📉 Bearish Scenario: If price fails to hold above this resistance zone and shows signs of exhaustion (e.g., bearish engulfing or pin bar), we could see a rejection back toward support at 3,270. A confirmed breakdown of 3,270 opens the door for a deeper drop toward 3,240, the next major support level.📈 Bullish Breakout Invalidation: If price breaks and sustains above 3,327, the bearish outlook is invalidated. In that case, a continuation toward 3,360–3,380 is possible, targeting the top of the previous trading range.🧭 Key Levels to Watch:Resistance: 3316–3327Support 1: 3270 Support 2: 3240Trendline: Broken and now acting as potential resistanceConclusion: Watch for price action confirmation near resistance. A clear rejection may present a strong shorting opportunity, while a bullish breakout above resistance could indicate trend continuation.📊 Strategy: Wait for confirmation. No early entries. Risk management is key in this tight structure zone.