Technical analysis by FXNEWSCLUB about Symbol PAXG: Sell recommendation (7/29/2025)

Technical Analysis (XAU/USD – 4H) Pattern: Rounded Top + Rising Channel Breakout Breakdown: Price broke below rising channel and retested as resistance Bearish Target Zones: First Support: $3,288 Final Target: $3,247 Invalidation: Bullish only if price reclaims $3,345–$3,355 📉 Fundamental Overview USD Strength: Pressuring gold due to strong US data Fed Policy: Hawkish tone delays rate cuts = bearish for gold Bond Yields: Higher yields weigh on gold Geo Risks: Surprise conflicts could trigger gold rebound