Technical analysis by FrankFx14 about Symbol PAXG: Sell recommendation (8/28/2025)

Hello Traders! 👋 Gold (XAUUSD) is now testing a critical supply zone at 3425.86 – 3499.36 after weeks of sideways consolidation. This region has acted as a strong ceiling multiple times, and price is once again showing signs of exhaustion. If sellers step in here, we could see a sharp bearish move targeting: 🟢 3176.40 (first demand zone) 🟢 2982.24 (major demand zone & final target) 🔑 Key Levels to Watch: Resistance Zone: 3425.86 – 3499.36 Current Price: 3409.58 Bearish Targets: 3176.40 → 2982.24 ⚡ Bias: Bearish from supply rejection. However, a daily close above 3499.36 would invalidate this setup and open doors for new highs. 📌 Technical Confluence: Strong resistance zone ✅ Previous rejections at this level ✅ Potential double top pattern forming ✅ What’s your take, traders? Will GOLD finally break higher or respect the supply zone and dump hard? 💬 Share your thoughts in the comments! 👍 Like & Follow for more market breakdowns!