Technical analysis by SOAM_PRO_TRADER about Symbol PAXG: Sell recommendation (8/18/2025)

Gold (XAUUSD) Technical Outlook - Bearish Setup 1. Supply Zone Rejection Price recently tested the $3,355 - $3,365 supply zone and faced rejection, indicating strong selling pressure from this area. This confirms sellers are in control near resistance. 2. Trendline Breakdown An earlier upward trendline was broken, which shifts market sentiment from bullish to bearish. This breakdown suggests momentum is favoring the downside. 3. Key Support Levels The immediate support lies near $3,320 (1st target), followed by a broader $3,285 -$3,300 zone (2nd target). These levels are crucial for short-term price reactions. 4. Demand Zone Watch A stronger demand area exists between $3,270 - $3,285. If price extends lower, buyers may attempt to defend this zone. 5. Bearish Bias As long as price stays below $3,365 resistance, the short-term outlook remains bearish, with potential continuation toward the demand zone. If this helpful for you, press the like button.from minor resistance level, 33511st target achieved 200 pips+