Technical analysis by FM-ForexMastermind about Symbol PAXG: Sell recommendation (7/9/2025)

🔔🔔🔔Gold news: ➡️ Gold's rally is under close watch as the precious metal struggles to recover to key levels➡️ Rising US Treasury yields and a stronger US dollar are weighing on gold, with the 10-year Treasury yield rising four basis points to 4.423%.➡️ Meanwhile, Trump's decision to delay the tariff deadline until August 1 has eased trade tensions, while traders have scaled back their expectations for a Fed rate cut in 2025 to just 48 basis points.Personal opinion:➡️ More downside is expected today. However, gold prices will remain within the trend zone and await news from tariff talks and the upcoming Fed FOMC meeting minutes.➡️ Analyze based on support resistance levels and trend lines to come up with suitable strategiesPersonal Plan:🔆Price Zone Setup:👉Buy Gold 3260 - 3263❌SL: 3256 | ✅TP: 3367 - 3372 – 3377👉Buy Gold 3275 - 3278 (Scalping)❌SL: 3271 | ✅TP: 3282 - 3286FM wishes you a successful trading day 💰💰💰