Technical analysis by smarthashmi21 about Symbol PAXG on 9/2/2025

GOLD recently broke out of a symmetrical triangle on the upside. While this pattern is neutral, the breakout direction gives us momentum clues. 🔑 Key Zones: Central Zone (0.5 Fib retracement of last high) → currently acting as supply. If price rejects here → I expect reversal toward lower levels. If no reaction → next supply zone becomes my reversal area. 📉 My Plan: Entering a short position at Central Zone. Stop Loss: Above the last 4H candle close. Target: Previous imbalance/FVG and below. ⚙️ Methodology Used: Chart Patterns (Symmetrical Triangle breakout) MMC (Mirror Market Concept: market repeats behavior over time) Fibonacci Supply Zones 📌 Conclusion: Watching closely for rejection in the Central Zone. If confirmed, bearish momentum could bring strong downside. If not, I’ll wait for the upper supply zone to trigger reversal.