Technical analysis by decentshaw about Symbol PAXG: Sell recommendation (7/30/2025)
https://sahmeto.com/message/3672498

decentshaw
Rank: 2961
Analytical Power:
2.0

Gold: Price is Exhibiting Head & Shoulders Strcure on 4H & 1 H chart. 4 H chart is Bearish, Daily chart is Neutral to bearish. Price is under the IChimuku Cloud in 4 H. Daily chart is forming a death cross (20 SMA cutting 50 SMA) which might be completed in 1 day or Two. Currently Gold is trying to recover losses and on retracement journey. I am expecting Price to test the 3347-3354 Zone of resistance where 4H 200+100 SMA + TL resistances+ Structure resistance will likely to Push price back to 3320 & 3300 Support Zone. If price breaks the 3300 level. Then this daily candle break may take price to 3280 Support Level. Good Luck
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$3,336.78