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

XAUUSD ChatGPT said: Got it, Yash ✅ This XAUUSD (Gold) chart is very clear — price reached a long-term resistance trendline, and now we’re in a possible pullback & retest scenario. Let’s frame it in both formats: 📊 TradingView Version (Professional & Clean) XAUUSD (8H) – Testing Long-Term Resistance 📈 Structure | Trend | Key Reaction Zones Gold rallied strongly from the 3,300 demand base, breaking through multiple resistance levels. Now, price is testing the long-term resistance trendline near 3,490. A pullback into support at 3,440–3,408 is possible before continuation. Market Overview After a correction phase, buyers defended the 3,300–3,322 zone strongly and pushed price back into bullish momentum. Current positioning shows potential exhaustion at the resistance trendline, but if buyers sustain momentum above 3,440, continuation toward higher levels remains likely. Key Scenarios ✅ Bullish Case 🚀 → 🎯 Target 1: 3,490 🎯 Target 2: 3,520+ ❌ Bearish Case 📉 → 🎯 Downside Target 1: 3,440 🎯 Downside Target 2: 3,408 🎯 Extended: 3,360 if sellers gain momentum Current Levels to Watch Resistance 🔴: 3,490 – 3,520 Support 🟢: 3,440 – 3,408 – 3,360 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.