Technical analysis by SroshMayi about Symbol PAXG: Sell recommendation (9/11/2025)

GOLD – Overview Gold is expected to see high volatility today ahead of the U.S. CPI release. 📉 Bearish scenario: Before the data, price may test 3,621 → 3,612, with deeper risk toward 3,600. Stability below 3,629 would confirm bearish continuation. 📈 Bullish scenario: A 1H close above 3,630 would shift bias bullish, targeting 3,640 → 3,657 → 3,683 (ATH zone). ⚠️ CPI impact: Above 2.9% → bearish momentum likely, with downside toward 3,600. At 2.9% → likely bearish volatility. Below 2.9% → supports strong bullish rally toward new ATH levels. Key Levels Pivot: 3,629 Resistance: 3,640 – 3,657 – 3,683 Support: 3,621 – 3,612 – 3,600GOLD – Overview Gold bounced from the 3,612 support mentioned yesterday and tested the 3,657 resistance before stabilizing below it. 📉 Bearish scenario: As long as price remains below 3,657, momentum favors a drop toward 3,629 → 3,612, especially if a 1H close occurs under 3,640. 📈 Bullish scenario: A reversal and 1H close above 3,657 would shift bias bullish, targeting 3,665 → 3,683. ⚠️ Range Watch: Consolidation is expected between 3,640 – 3,657 until a breakout occurs. Key Levels Pivot: 3,640 Resistance: 3,657 – 3,665 – 3,683 Support: 3,629 – 3,612 – 3,600 📌 Bias: Bearish while below 3,657; breakout direction confirmed only with a 1H close outside the 3,640–3,657 range.