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

This is a bullish XAU/USD (Gold vs US Dollar) 4-hour chart setup indicating a potential long (buy) trade opportunity. Here's the breakdown: --- 🔍 Chart Overview Timeframe: 4H (4-hour) Instrument: XAU/USD (Gold) Platform: TradingView --- 📌 Trade Setup Details ✅ Entry Point Price: Around 3334.700 A breakout from consolidation or resistance zone is targeted for entry confirmation. 🎯 Target Price Zone: Approximately 3380–3400 Target is marked in the upper yellow resistance zone where price previously reversed, showing a strong supply area. 🛑 Stop Loss Price Zone: Approximately 3295–3300 Placed below the lower yellow support zone, which has held as strong demand recently. --- 🔧 Technical Setup Explanation Range-Bound Market: Price has been trading between a horizontal resistance (~3380–3400) and support (~3295–3300). Bullish Bias: Price is attempting a breakout from mid-range levels after testing support and forming higher lows. Risk/Reward Ratio: Favorable — entry is in the middle of the range, aiming for the top with stop loss below the support. --- 📈 Strategy Type: Range breakout or mean reversion Action: Buy around 3334.700 SL: Below 3300 TP: Near 3380–3400 --- Let me know if you'd like help calculating exact position size, risk percentage, or alternative trade setups.