Technical analysis by MrMartin_11 about Symbol PAXG: Sell recommendation (8/21/2025)

Gold is currently in a holding pattern as traders await key U.S. economic data today, and more importantly, Fed Chair Jerome Powell’s speech tomorrow, which could set the tone for future monetary policy. The metal has been recovering after testing resistance, but is yet to show decisive momentum in either direction. Technical Outlook: The price is attempting to rebound and shows potential to move toward the buy side However, the recent price structure from yesterday’s pattern around 3348 did not trigger a strong reaction A confirmed break above 3350 could open the door to further upside toward 3370 resistance On the downside, if bullish momentum fades, we could see a decline toward key support at 3300, with 3280 as a deeper support level. You May find more details in the chart. Trade wisely best of Luck Buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.