Technical analysis by KlejdiCuni about Symbol PAXG: Sell recommendation (8/6/2025)

KlejdiCuni

GOLD Found Resistance Near 3390 - What's Next? A few days ago, I shared a bullish outlook on gold, noting that a bearish pullback could occur even during its upward move. The price nearly hit the second target, climbing as high as 3390. Now, gold seems to be facing a strong resistance zone. While it’s not yet clear whether it will drop from here, a pause is also possible before it moves down more. The real risk isn’t technical or fundamental; it’s the fact that gold is one of the most manipulated assets in the market. Experienced traders know it often rises unexpectedly, even without any news. That’s the challenge with gold: it can surge when you least expect it. Targets: 3350, 3330, and 3294 You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading dayPrevious analysis: