Technical analysis by FM-ForexMastermind about Symbol PAXG: Sell recommendation (7/28/2025)

FM-ForexMastermind

🔔🔔🔔 Gold news: ➡️ Gold prices fell to around $3,338 in early morning trading in Europe on Monday. Optimism around trade deals has dented the appeal of gold as a safe-haven asset. ➡️ Market sentiment improved after the US-EU framework trade deal, which includes a unified 15% tariff on traded goods, formally ending a months-long stalemate. ➡️ Meanwhile, the US and China are set to begin fresh discussions on extending the tariff truce, potentially paving the way for a meeting between President Trump and President Xi Jinping. Personal opinion: ➡️ Positive tariff news remains at the heart of gold's decline today. There is no economic data today that will affect gold prices, so this decline is likely to continue. ➡️ Technical analysis based on support resistance levels and Pivot points combined with trend lines to come up with suitable strategies Personal Plan: 🔆Price Zone Setup: 👉Buy Gold 3311 - 3314 ❌SL: 3307| ✅TP: 3318 – 3323- 3328 👉Sell Gold 3373 - 3376 ❌SL: 3380| ✅TP: 3368 – 3363- 3358 FM wishes you a successful trading day 💰💰💰personal plan hit + 44 pips from Buy 3314 setup successfulcomplete the original plan