Technical analysis by ALLEYPROFESSIONALS about Symbol PAXG: Sell recommendation (7/17/2025)

🔍 Analyzing XAUUSD on the 1H timeframe using Smart Money Concepts. This chart highlights a potential bearish setup with clear structure shifts, key supply zones, and a defined target area. 🧠 Key Insights: ✅ Structure Shift Confirmed → Multiple CHoCH + BOS indicate a clear transition from bullish to bearish. → Momentum favors the downside. 📍 Retracement Zone = Potential Sell Area → Price is pulling back into a key supply zone. → Look for bearish confirmation before entry. 🔺 Resistance Alert: → Long-term resistance holds strong. ⚠️ Note: If price breaks above 3,349, selling becomes invalid. Wait for next resistance. 🎯 Target Zone: → Major support at 3,292.208 → Aligned with previous Strong Low and high liquidity area → Expected drop: -56.46 pts (-1.69%) 🛡️ Risk Management: Stop-Loss: Above 3,349 zone Take-Profit: Around 3,292 Entry: After clear rejection within retracement zone 📌 Summary: Gold is retracing into a supply zone under a bearish SMC framework. Unless resistance is broken, this setup favors shorting with proper confirmation and risk control. #XAUUSD #GoldAnalysis #SMC #SmartMoney #PriceAction #ForexTrading #SupplyDemand #BreakOfStructure #CHoCH #TechnicalAnalysis #GoldSetup #DayTrading #MarketStructure #BearishSetup #TradingViewGold Bearish hit +170 pips Trade still active 🔥