Technical analysis by MALBERT3468 about Symbol PAXG: Sell recommendation (7/2/2025)

May be consoldation Market bearish in downfall .✅ Overall Setup:The chart shows a potential short (sell) setup for Gold after price has completed a bullish corrective move and is now expected to reject from a key resistance zone.Current bias: Bearish below Resistance ZoneTrade Setup :Entry: Below 3337 (after confirmation preferred)Stop Loss: Above 3351Target 1: 3310Final Target: 3293Key Elements:Resistance Zone: Highlighted in green around the 3345–3360 area. Price has reached this zone after forming a bullish "V" recovery from the support area. This zone acted as previous structure resistance. Support Area: Around the 3290–3305 region.Price reacted from this zone and started the bullish move. Stop Loss & Entry : Entry is suggested just below the resistance zone (around 3337 area). Stop Loss is placed above the recent highs (~3351), to protect against invalidation.Targets: Target 1: Around 3310 area, near minor support and structure level. Final Target: Around 3293 area, aligning with previous strong support.Additional Technical Observations:✔ Bearish Rejection Candle Seen:Price attempted to break the resistance zone but rejected, forming potential for downside.✔ Structure Analysis:Market is still in a larger bearish structure overall, despite the short-term bullish move.✔ Risk-Reward:Setup shows a favorable risk-reward ratio if price respects the resistance zone.✔ Confirmation Needed:It would be ideal to wait for clear bearish price action confirmation (like bearish engulfing, rejection wicks) before entering.congratulation our target 1 has been successfully hit on analysis around 150+ pips is in runnig profit be active guys and all signals are available in our VIP premium.Sorry guys Stop Loss hit our chart analysis and ready for next target.