Technical analysis by AndeWave about Symbol PAXG: Sell recommendation (9/1/2025)

Ahead lies strong resistance and a psychologically important price level: 3500. The closer the price gets to this zone, the more the market will manipulate before large players take profits, which may begin after a false breakout... In addition, the 3435-3410 zone is also of interest to MM, since after the breakout of global consolidation resistance and the formation of a rally, there has been no correction yet. Scenario: The breakout of resistance may be deep, and within the upward movement, the market may test 3510-3525 before the spark fades. A return below 3500 will confirm the false breakout, which will trigger profit-taking and a reversal in traders' actions. There may be a correction to the specified levels.