Technical analysis by FX_Mark0 about Symbol PAXG: Sell recommendation (7/9/2025)
FX_Mark0

Gold is currently showing signs of weakness within a confirmed downtrend, forming lower highs and lower lows on the short-term charts. The price structure suggests continued bearish momentum as sellers maintain control beneath key resistance levels.At present, a potential bearish opportunity is observed if price retraces near the 3320 zone, which aligns with a recent supply area and resistance in the ongoing downtrend. From this level, price action could continue its downward move in line with trend dynamics.Entry Zone: Around 3320Primary Target: 3300 (near-term support level)Final Target: 3280 (extended target aligning with previous demand zone)Invalidation/Stop Loss: Above 3340 (a break above this may invalidate the bearish bias)🔸Disclaimer; This setup is based on technical structure and market flow, not financial advice. Always confirm with your own analysis and risk management plan.Gold swing high and low and touched 3310