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

Yesterday was a crazy day. First, the White House confirmed that Trump was going to fire Powell, which led to a surge in gold prices and a sharp drop in the US dollar. It also caused our long positions bought at low levels to reach TP1 and TP2, making a lot of money. Then Trump came out to clarify that there was no plan to fire Powell. Affected by this, market sentiment was driven in turn, triggering violent fluctuations in the trends of various trading categories. It is precisely because such things that are not kept to one's words have occurred many times that I remind everyone not to continue chasing the rise before the event is implemented, because it is difficult to say that there will be no reversal news next, and it is actually as I said. Then gold fell rapidly. After retreating to 3340, it once returned to 3357 and finally closed at 3347. After the opening of the Asian session today, the decline of gold continued, and now it has returned to the 3320-3328 range where we entered yesterday. I will not go long here today, and the current trend is not clear. The most critical point now is 3320. If it falls below, the decline will continue. It is possible that it will fall to 3330 or 3280. If there is a chance to rebound to 3345 today, I will consider selling at a high level. The strategy is as follows: ✅Sell at 3345 TP1:3320 TP2:3330 TP3:3280 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇Successfully arrived at TP1:3365