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

📈 Scenario Forecast: Bias: Bearish Expected Path: Price to move into the 3340–3352 supply zone. Rejection expected from this area. Downside targets are 3315, followed by 3290s, depending on how price interacts with intermediate demand. This aligns with a classic pullback-to-supply-and-drop setup based on smart money concepts and supply/demand dynamics. Your Key Zones ("Borders"): 🔴 Supply Zones (Short Bias Areas): Primary Supply: 3340–3352 This zone is well-placed, capturing imbalance and previous distribution. It’s situated right at the 50% equilibrium level of the last bearish leg (as shown by your 0.5 line at 3340.72), and likely to act as the rejection point for the next bearish leg. If price prints a lower high or bearish confirmation candle within this zone, it supports the bearish continuation thesis. 🟢 Demand Zones (Target Areas): First Demand Zone: 3315–3309 This zone represents the prior BOS and recent swing low. It's the first level where we may see a temporary pause or reaction before continuation. It's an ideal short-term target for traders entering from the supply zone above. Secondary Demand Zone: 3292–3286 A deeper institutional demand block. If bearish pressure remains strong, price could be drawn here for a liquidity sweep before a higher-timeframe reversal or bounce.