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

Bullish and bearish. Which one first? 📉 Gold and NDX: Seasonal Patterns and Short-Term Outlook Historically, gold tends to show weakness during the first three weeks of July, often setting the stage for one last leg up before institutional selling kicks in on U.S. equities. Based on seasonal patterns, this aligns with a typically bullish phase for the Nasdaq (NDX), which often extends until around July 24, with the usual volatility along the way. From there, gold tends to recover, historically offering a 3–5% return into mid-September. Keep in mind, this is purely based on statistics—always do your own analysis. 🔎 This week’s short-term setup: We may see a push higher in gold later today and into tomorrow, followed by potential downside during the second half of the week. While there might be brief upside opportunities, I won’t be taking any long positions—only looking to sell rallies—since the short-term trend remains more bearish than bullish. Stay sharp and trade safe. 📊I put the trade in breakeven.