Technical analysis by fxwithkay about Symbol PAXG: Sell recommendation (6/18/2025)
https://sahmeto.com/message/3615698

fxwithkay
Rank: 11738
Analytical Power:
1.5
Today on Gold: XAUUSD
:Sell
Price at Publish Time:
$3,406.77

🔻 Market Structure Price is printing lower highs and lower lows — a typical bearish structure. The recent bearish impulse broke below short-term support (~3383), showing momentum is on the downside. Current price action shows a pullback into previous support turned resistance (3383–3385 zone). Bias: SELL ✅ Market is bearish — lower highs, lower lows Price is pulling back into 3383–3385 resistance zone As long as price stays below 3386, we’re selling Entry: 3383–3385 SL: 3390 TP1: 3376.30 (50 pips) TP2: 3372.00 (100 pips) Note: FOMC later today — expect volatility. Don’t force it if there's no clean setup.
Source Message: TradingView