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

Gold is currently trading below a strong resistance zone around 3,300 – 3,307, which aligns with a retest of a previous broken structure and the upper boundary of the descending trendline. Key Observations:Price was rejected at resistance after testing the previous ascending channel.Formation of lower highs and lower lows confirms a bearish market structure.Volume profile indicates declining bullish interest in this zone.🔻 Short-Term Bearish Bias If price fails to break and hold above the 3,307 resistance area, we could see a move toward the next support levels:Target 1: 3,278.85Target 2: 3,262.08Target 3 (Main Support): 3,245.71–3,240.00📌 Invalidation: A breakout above 3,307 with strong volume would invalidate this setup and may indicate bullish continuation.📣 Traders' Note:Stay patient and watch for rejection confirmations at resistance before entering. Always manage your risk smartly