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

This chart shows a Gold Spot (XAU/USD) analysis on the 30-minute timeframe, with a forecasted bullish continuation setup. Let's break down the scenario illustrated:---Current Price:3,336.450, showing a moderate intraday gain of +12.435 (+0.37%).---Key Levels & Zones:1. Immediate Support Zone:Around 3,305 – 3,315 (light purple box).Price might retrace here before continuing up — a demand zone or possible entry point for bulls.2. Intermediate Resistance Zone:Around 3,340 – 3,350 (light blue box).A reaction is likely here; could act as first take-profit or decision zone.3. Major Resistance Zone (Target):Around 3,360 – 3,375 (top pink box).Strong resistance area — chart suggests this is the final bullish target.4. Deeper Demand Zone (if retracement deepens):Around 3,280 – 3,290 (bottom blue box).Potential buy zone if price breaks below 3,305 support.---Projected Price Path (Black Dotted Arrows):A short-term dip into the 3,305–3,315 support,followed by a bounce toward the 3,340–3,350 resistance,and potentially a further rally to 3,360–3,375.---Interpretation:This setup suggests a bullish bias, but with:Anticipated pullback first for better entry,Gradual stair-step upward movement, respecting resistance zones,Strong momentum continuation if the resistance at 3,350 is broken cleanly.---Would you like a trade setup with entry, stop-loss, and target based on this chart?