Technical analysis by MR_gold2 about Symbol PAXG: Sell recommendation (7/16/2025)

MR_gold2

Technical analysis: • The price fluctuates in a transverse range after a strong landing, indicating the stage of assembling or redistributing. • There is no clear fracture of the last summit, which indicates the absence of confirmation of ascension. • The price is now close to repeated resistance near 3,350 - it has been rejected several times. • There is an escalating bottom indicating attempts to build an upward trend, but the momentum has not yet been confirmed. ⸻ المر A wave analysis: • The previous drop appears to be a driving wave (5 waves). • Current movement can be an ABC or WXY correction within a transverse range. • As long as the previous summit (3,375+) is not broken, this remains a temporary corrective wave. ⸻ ✅ time analysis: • There is a clear fluctuation since the beginning of July, which may indicate that gold is waiting for a time stimulus (such as economic data or geopolitical events). • The current week may be crucial to determine the breaking direction. ⸻ ✅ Digital Analysis: • Current price: $ 3,338 • Resistance: 3,350 - 3,375 • Support: 3,310 - 3,280 • RSI = 49.62 = a neutral area that tends to light down. • The sales momentum in the lower (red) index began to appear after heights, which supports a purchasing caution. ⸻ ✅ Prayers Action: • The last candles contain long upper tails, indicating selling pressure at higher levels. • There are no ascending swallowed candles, which means that the purchasing power is still relatively weak. • The general trend is currently side with a slight mile of landing. ⸻ 📌 Recommendation: 🟡 The volatility scenario: • Wait until a clear break of one of the two limits: • Being 3,350 by closing a candle 4 hours → Buy about 3,375 and then 3,400 • Break 3,310 → Selling about 3,280, then 3,250 🔻 A short -term speculation sale (if a reflexive candle appears): If you do not have strategies, you will not understand the appearance of reflection signs and your money will lose, dear • Entry: from 3,348-3,350 • Objective: 3,310 • Stopping loss: 3,362 For more, I organize our free channel in Texram T.me/IHAB90GOULD