Technical analysis by MALBERT3468 about Symbol PAXG: Sell recommendation (7/23/2025)

may be gold consolidation bearish zone that the sellers will be dominant in this zone Trend Analysis: It appears there is an upward trend, indicated by the price movement forming higher highs and higher lows within the blue channels. This suggests bullish sentiment. Chart Patterns: The chart may be displaying a pattern, such as a channel or a triangle, which traders often look for to identify potential breakouts or reversals. Support and Resistance: Support levels are usually indicated by the horizontal lines. The price seems to bounce off these levels, suggesting they are significant. Resistance levels may be shown in areas where the price has difficulty moving above. Retracement Levels: If retracement levels (such as Fibonacci levels) are mentioned, these can indicate potential areas where the price might reverse or consolidate. Price Target: It appears there may be a target price shown (e.g., "TP") along with a stop-loss placement. These indicate planned exit points for trades based on the analysis.finally chart setup is hit successfully reach the target zone al most 400+ pips setup close with this point