Technical analysis by alirezak about Symbol PAXG: Sell recommendation (7/10/2025)

Dear Traders,Technical Analysis of XAUUSD (Gold vs USD) – July 10, 2025Price has recently broken out of a falling channel (black lines) and is now testing a key resistance zone (marked in blue):Resistance Zone: 3329 to 3334 – price is reacting to this area, and it might reverse downward.Support Zone: 3306 – if price declines, this is a potential target.📉 Possible Scenario:If price gets rejected from 3329–3334, it may head back down toward the 3306 support zone.If price breaks and holds above 3334, the bullish trend could continue.📊 The RSI is around 54, in neutral territory. No major divergence is seen, but the move out of oversold territory suggests growing buyer strength.Regards,Alireza!Target reached ! good Luck !