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

This is a bullish trade setup for XAU/USD (Gold vs. US Dollar) on the 4-hour chart, and here's a breakdown of the analysis: --- 🟢 Trade Setup Summary Pair: XAU/USD (Gold) Timeframe: 4H (4-Hour) Trend Bias: Bullish (Long Position) --- 📌 Key Trade Levels Entry Point: Around 3357.220 Stop Loss: Around 3335.769 Target (Take Profit): Around 3404.892 --- 📊 Chart Analysis Support Zone (Yellow Box): This area has acted as a strong demand zone where price has bounced multiple times before. Breakout Confirmation: Price has broken above the resistance, indicating bullish momentum. Retest Zone: The price might pull back to the support zone (now turned demand) near the stop loss area before continuing upward. Projection Path: The black zig-zag line shows a probable bullish move from the support zone to the target. --- 🛠️ Risk-Reward Ratio Risk: ~21.45 points (from 3357.220 to 3335.769) Reward: ~47.67 points (from 3357.220 to 3404.892) Risk-to-Reward Ratio: Approx. 1:2.2 — Favorable setup. --- ✅ Trade Plan 1. Buy near Entry Point (3357.220) 2. Place Stop Loss below support at 3335.769 3. Target the previous swing high at 3404.892 --- Would you like a lower timeframe confirmation (e.g., 1H or 15M) or an updated view as price develops?