Technical analysis by DeGRAM about Symbol PAXG: Sell recommendation (7/30/2025)

📊 Technical Analysis ● XAUUSD remains capped below a broken trendline retest near 3,355, while price forms a lower-high inside a descending channel. ● The repeated rejection of the 3,357.83 resistance level, coupled with failed bullish continuation, points to renewed downside toward 3,300 and 3,262. 💡 Fundamental Analysis ● A rebound in the DXY after strong US consumer sentiment and pending home sales adds pressure to gold, reaffirming real-yield strength. ● Traders are reducing long exposure ahead of upcoming NFP data and Powell’s next statement, shifting bias away from risk hedges. ✨ Summary Short bias below 3,355. Break under 3,320 eyes 3,300 → 3,262. Key breakdown risk if lower trendline fails. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!