Technical analysis by raksazatrader about Symbol PAXG: Sell recommendation (7/1/2025)

XAU/USD 1H – Bearish Reaction Expected from Gap + Supply ZoneGold has rallied into a critical supply and gap zone between $3,328 – $3,336, where previous strong rejections occurred. This area also aligns with unfilled imbalance (gap), making it a prime zone for potential short setups.🔍 Key Technical Insights:Bearish Supply Zone: The red zone between $3,336 – $3,343 overlaps with resistance and is expected to cap bullish momentum.GAP Zone at $3,328 – $3,336: Price may tap into this imbalance before reversing.Internal Break of Structure (BoS): A rejection from this zone followed by a lower high and breakdown could confirm short bias.🧠 Expected Price Path (Scenario):Price pushes into the gap/supply zone (trap long positions).Bearish rejection with formation of lower high.Drop back to key demand zone around $3,263 – $3,283.📊 Trade Plan (Hypothetical):Sell Entry: $3,336 – $3,343Stop Loss: Above $3,350Target: $3,283 and extended to $3,263Risk:Reward: ~1:3 depending on entry precision⚠️ Tactical Note:If price breaks above $3,350 decisively, this invalidates the bearish scenario and suggests trend continuation.