Technical analysis by DeGRAM about Symbol PAXG: Sell recommendation (9/3/2025)

DeGRAM

📊 Technical Analysis ● XAU/USD surged into the 3,540 zone but shows exhaustion candles near resistance, with the chart projecting a corrective pullback. ● A retest of 3,500 support is likely, and failure to hold risks further downside toward 3,440 within the broader consolidation structure. 💡 Fundamental Analysis ● Hawkish Fed comments and stabilizing US yields are reviving dollar strength, which could cap gold’s upside in the short term. ✨ Summary Bearish below 3,540; targets 3,500 → 3,440. Invalidation on a close above 3,545. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!📊 Technical Analysis ● XAU/USD is trading just below the 3,540 resistance level, with price action rejecting the upper boundary of the rising channel and forming a corrective pattern. ● A breakdown below the short-term support trendline would likely expose 3,511 and extend losses toward 3,474 in the near term. 💡 Fundamental Analysis ● Dollar demand is strengthening as Fed officials continue signaling restrictive policy, while easing inflation fears reduce safe-haven bids for gold. ✨ Summary Bearish below 3,540; targets 3,511 → 3,474. Invalidation on a close above 3,545. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!