Technical analysis by Thewiningtrades000 about Symbol PAXG: Sell recommendation (7/15/2025)

Smart Money Concepts (SMC) Highlights: 1. CHoCH (Change of Character): Marked on the left within the large blue circle, showing a transition from bulish to bearish structure. Suggests a shift in market sentiment or control from buyer to sellers. 2. BOS (Break of Structure): Multiple BOS labels indicate key structure breaks, confirming continuation patterns. Notable BOS toward the middle of the chart indicates bearish continuation. 3. Liquidity Zones: Several liquidity areas marked beneath key support levels, indicating potential liquidity grabs (stop hunts) before price reversal. 4. OB (Order Block): Implied near the current price zone, suggesting institutional interest. Price is revisiting this zone, hinting at a potential sell setup. --- 📉 Bearish Setup in Play: A resistance zone is identified at the top (~1,340+ level). Target area is marked lower (~1,346), suggesting a short trade setup from the current price zone. Price is expected to: 1. Tap into the resistance zone or the nearby order block. 2. Reverse from there. 3. Drop into the demand/support zone below. --- 📏 Fibonacci Confluence: A Fibonacci retracement appears to be drawn with confluence near resistance, enhancing the credibility of the short setup. Strong rejection expected from the golden pocket (0.618–0.705 zone). --- 🧱 Support & Resistance Levels: Resistance Zone: ~1340–1345 Target Zone: ~1346 Support Zone: Marked at the bottom of the chart, aligning with previous liquidity grabs. --- 🎯 Conclusion – Pro View: This chart reflects a smart money-based bearish trade setup: After sweeping liquidity and tapping into a premium price zone, the expectation is for price to reject the resistance area and move downward, targeting a key support level. The analysis combines structural breaks (BOS/CHoCH), liquidity sweeps, Fibonacci confluence, and order blocks—all typical of institutional trading logic.