Technical analysis by Trend_logic about Symbol PAXG: Sell recommendation (8/17/2025)

The XAU/USD chart shows a bearish outlook following a clear trendline breakout to the downside. Price is currently trading below the Ichimoku cloud, confirming selling pressure and signaling further weakness. The market structure suggests that sellers are in control, with momentum favoring a continuation of the downtrend. Multiple support levels are marked as potential profit-taking zones for short positions. If price sustains below 3,336, bearish targets are expected to be reached gradually. Risk management should be applied with stops above the broken trendline to avoid false signals. This setup favoUrs short entries for traders anticipating further declines in gold. Targets:🎯 Target 1: 3,320 Target 2: 3,300 Target 3: 3,287 f you found this analysis helpful, don’t forget to drop a like and comment. Your support keeps quality ideas flowing—let’s grow and win together! 💪📈