Technical analysis by MR_CHARLES440 about Symbol PAXG: Sell recommendation (7/28/2025)

📉 Gold (XAUUSD) 3H Chart – Bearish Outlook ✅ Market Structure Price is moving within a descending channel Lower highs and lower lows confirm short-term bearish trend Currently rejecting from resistance and failing to break above channel --- 🔴 Resistance Zone $3,375 – $3,400 Strong supply area Bears have consistently pushed price down from this level Ideal place for short re-entries --- 🟩 Support Zones (Bearish Targets) 1. Support Zone 1 🔹 $3,300 – $3,320 Closest area of expected demand First target for short positions May cause a short-term bounce 2. Support Zone 2 🔹 $3,260 – $3,280 Stronger demand zone High-probability bounce area Ideal for major profit-taking or bullish setups --- 📌 Summary Table Zone TypePrice RangeNotes Resistance Zone$3,375 – $3,400Strong rejection, bearish entry Support Zone 1$3,300 – $3,320First bearish target Support Zone 2$3,260 – $3,280Key demand zone for buyers --- 🧭 Bearish Trade Idea Entry: Around $3,360–$3,375 (channel top or retest of resistance) Stop Loss: Above $3,400 Take Profit 1: $3,320 Take Profit 2: $3,270 Confirmation: Break of short-term support + channel rejection --- Would you like me to generate a clean annotated version of this setup or convert this into a ready-to-use trading plan PDF?First Target Done 360+pips close signal guys