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Technical analysis by Gold_Pips_Trading about Symbol PAXG: Sell recommendation (8/29/2025)

https://sahmeto.com/message/3740789
Gold_Pips_Trading
Gold_Pips_Trading
Rank: 1255
2.5
Sell،Technical،Gold_Pips_Trading

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 day
Price at Publish Time:
$3,412.61
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