Technical analysis by FaithdrivenTrades about Symbol PAXG: Sell recommendation (6/23/2025)

FaithdrivenTrades

After smashing +415 pips on June 20, XAUUSD is now dancing around the 3360 retest zone, exactly where our previous reversal prediction played out. This is now shaping up as a high-stakes liquidity trap, and here's what we're watching: 🧭 Monday Trade Setup Update 📍 3360 Zone Tested – Signal already sent to VIP. 📍 Price may still dig lower to complete liquidity sweep near YTL (yearly trendline), before deciding final direction. 🧠 Scenarios in Play: 1️⃣ False Break + Bounce – Grab final liquidity below, then surge upward with momentum (Scenario 2). 2️⃣ Weak Recovery – If bounce fails to hold, expect grind around demand zone before final NY session move. 📌 Key Zones Reversal Supply: 3366–3374 Demand Retest: 3345–3360 Yearly TL: Possible bounce trigger POC: 3360.65