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Technical analysis by alijtg about Symbol PAXG: Sell recommendation (8/27/2025)

https://sahmeto.com/message/3738876
alijtg
alijtg
Rank: 2370
2.2
Sell،Technical،alijtg

Hello to all traders. 😎😎 I hope all your deals will hit their targets. 🎉🎉 Gold is currently in an ascending wedge pattern, which is causing a market reversal. It is highly likely that gold will follow the black⚫️path and drop from the range of $3398 to $3405, reaching $3384. After that, it depends on the market conditions whether it follows the green🟢or red 🔴path. Given the wedge pattern, it is highly probable that gold will follow the red 🔴 path and drop to around $3350. However, if any major news is released, there could be a shift in momentum, and after the drop to the channel's bottom, gold may start a sharp upward movement along the green 🟢 path, breaking the resistance zone between $3398 and $3405 and moving higher." ⚠️⚠️⚠️⚠️Don’t forget to apply proper risk management! What Do You Think? Which scenario do you think is happen? **Share your thoughts!** ⬇️ Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss🛑🛑🛑 ❤️❤️❤️The only friend you have in financial markets is your stop loss❤️❤️❤️ Please support me with your ✅' like'✅ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me 🙏😊 Be Happy , Ali JamaliWe are in black way. Don't forget put your stop loss. This is trading not gambling. Of entering put you sl and tpCongratulations and I hope you have used it. As I said in the analysis. the movement in the direction of the arrow is a definite problem and we fell to the bottom of the bearish corner. From now on, it depends on the market movement. If it goes above $3406, we can expect an upward movement and if it breaks the bottom of the corner, it can fall to the $3350 range.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,383.72
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