Technical analysis by SmartMoneyProfessional about Symbol PAXG: Sell recommendation (8/7/2025)

Price is currently respecting the 4H descending trendline after filling the Fair Value Gap (FVG) zone. Multiple CHoCHs indicate short-term bullish correction, but overall structure remains bearish. Key observations: 🔹 FVG filled after CHoCH, triggering short-term rally 🔹 Trendline + Supply zone confluence creating strong rejection area 🔹 Expecting multiple internal liquidity sweeps before major drop 🔹 Targeting previous demand zone near ‘X’ mark for full structure continuation Bearish scenario in play unless price breaks and sustains above trendline. Watching closely for confirmation rejections at trendline + supply confluence.