Technical analysis by ArminMah about Symbol PAXG: Sell recommendation (7/11/2025)

Gold is currently showing signs of weakness after failing to break above $3,360 resistance. Momentum indicators such as RSI and MACD are turning bearish, and price is now trending below key moving averages and near-term Ichimoku resistance on the H1 and H4 charts. Recent price action shows lower highs forming, indicating sellers are gaining control. A break below $3,300 would confirm the start of a deeper correction. 🔽 Trade Plan – SELL GOLD (XAU/USD) This setup targets a breakdown toward the $3,240 support zone, with a stop above recent highs. The trade is based on short-term bearish momentum and weakening buyer strength. ⛔ If GOLD stays below $3,340, selling pressure will likely build, favoring short positions with controlled risk.