Technical analysis by Trend_logic about Symbol PAXG: Sell recommendation (8/28/2025)

The 30-minute XAUUSD chart is signaling a bearish tone, with price action showing weakness after forming a rising wedge pattern. This formation often points to exhaustion in bullish momentum, and in this case, it has been followed by renewed selling pressure. The Ichimoku indicator further confirms the bearish bias, suggesting that sellers remain in control. The chart, highlighted in red, reflects the overall negative sentiment surrounding gold in the short term. Current movement indicates that the decline may extend toward visible support zones, where temporary pauses could occur before further downside. Traders may see this as an opportunity to position for selling opportunities, particularly if bearish momentum continues to build. Overall, the technical outlook emphasizes a continuation of weakness in XAUUSD, signaling that gold could face deeper declines in upcoming sessions. 🎯 First Target : 3374 🎯 Second Target : 3362 🎯 Third Target : 3348 If 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! 💪📈