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

This chart of XAUUSD (Gold/US Dollar) on shows a potential bearish price action setup. Here’s a quick breakdown and idea based on what the chart shows: --- 📉 Idea: Short Trade Setup (Sell) 🔍 Observations: Resistance Zone (highlighted at the top): Price hit this zone and failed to break higher. Support Zone (middle yellow box): Recently broken downward, suggesting bearish pressure. Breakout Confirmation: Price has moved below support, confirming a breakdown. Target Level (highlighted yellow box below): A downward arrow points to this as the next key level. 🧠 Trade Idea: Entry: Look for short (sell) entries on a retest of the broken support (now resistance). Target: The yellow “Target Level” marked around 3,320 – 3,325 area. Stop Loss: Place it above the broken support/resistance, around the 3,385–3,390 zone. 🧮 Example: Sell around 3,365 (if it retests) Target: 3,320 Stop Loss: 3,390 Risk-Reward Ratio: ~1:2 --- ⚠️ Caution: Confirm the trend and momentum with indicators (e.g., RSI, MACD). Watch for major news/events around July 24–26 (noted on the chart), which could cause volatility. Please Share your feedbackHold All Sell trades Market will fall DownTrade Active from 3391 to 3381 From Sell side 100 pips Successfully AchievedEnjoy your special profit Buddies