Technical analysis by Gold_Pips_Trading about Symbol PAXG: Sell recommendation (8/29/2025)
https://sahmeto.com/message/3740789

Gold_Pips_Trading
Rank: 1255
Analytical Power:
2.5

Gold price is currently trading near the 3410–3420 resistance area. This zone has acted as supply in the past, and sellers may show interest here again. If the price fails to break above 3420 and rejects this resistance, a potential move towards the downside can be expected. --- 🔹 Trade Plan (Educational Idea) Entry Area (observation): 3410 Target 1: 3395 Support Zone: 3380 Stop Loss (invalid level): 3435 --- 🔹 Risk Management This setup provides around 1:1.5 risk-to-reward. Risk per trade should remain small (about 1–2% of account equity). --- 🔹 Invalidation If price closes above 3435, the bearish outlook will be invalidated.
Translated from: English
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$3,412.61