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

Gold futures surged to a fresh record high, supported by mounting concerns over the Fed’s independence, growing expectations for rate cuts, and ongoing tariff uncertainty. Technical Outlook: 🔻 Bearish correction: While below 3,474, price may see a pullback toward 3,460 → 3,450 → 3,436 before attempting another push higher. 🔺 Bullish momentum: A sustained move above 3,486 would confirm renewed upside, targeting 3,502 and beyond. Key Levels: Pivot: 3,474 Support: 3,460 – 3,450 – 3,436 Resistance: 3,486 – 3,502 📌 Bias: Bullish overall, but expect a short-term correction if price holds below 3,474. previous idea: