Technical analysis by MALBERT3468 about Symbol PAXG: Sell recommendation (7/22/2025)

This is a 30-minute chart analysis of XAUUSD (Gold vs US Dollar), and it seems to be a short (sell) trade setup according to price action and zone-based analysis. Below is a detailed breakdown of the main components: Chart Overview Timeframe: 30 minutes Instrument: XAUUSD (Gold Spot vs USD) Current Price: Approximately 3389 Direction: Bearish setup (expecting price to decline) Key Areas Marked 1. Resistance Area Placed around 3,401.941 (with orange zone and dot) This is the recent high or rejection level Functioning as the stop-loss price 2. Entry Point Recommended at 3389 (price currently trading around this level) Trader hopes the price to break down from this level 3. Target Point (Support Zone) Trade Setup Summary Element Value Trade Type Short (Sell) Entry ~3389=3392 Stop Loss ~3401.941 Target ~3364.776