Technical analysis by SMC-Trading-Point about Symbol PAXG: Sell recommendation (9/14/2025)

SMC Trading point update Technical of Gold (XAU/USD) using the 4H timeframe. Let’s break down the idea behind it: --- Key Technical Insights: 1. H4 FVG (Fair Value Gap) Zone: The yellow box (~3602 zone) is marked as an imbalance area (FVG) where price is likely to retrace. Market structure suggests that price may dip into this zone to fill the imbalance before continuing upward. 2. Price Pattern (Consolidation / Pennant): Current price action shows a triangle/pennant-like consolidation after a strong bullish move. This usually indicates continuation, but first, liquidity grabs may occur. 3. Liquidity Grab (Liquidity $$$): The chart notes a liquidity sweep above resistance (~3659). This suggests that price could fake out higher first, then drop to fill the FVG zone before resuming the bullish move. 4. Target Points: Short-term downside target: 3602.487 (H4 FVG support). Upside target 1: 3659.154 (liquidity area). Upside target 2: 3699.778 (main bullish target). 5. RSI (Relative Strength Index): Currently around 57–60, showing moderate bullish momentum but not overbought. Supports the idea of a retracement before continuation. --- Trade Idea Summary: Bias: Bullish (after retracement) Scenario: 1. Price may first grab liquidity (fake-out up) or directly retrace down. 2. Dip into the 3602 FVG zone. 3. Strong bounce expected → rally toward 3659 and 3699 targets. Entry Idea: Look for long entries near 3602–3610 zone (confirmation with bullish candle patterns preferred). Targets: TP1: 3659 TP2: 3699 Stop-Loss: Below the FVG zone (~3580). Mr SMC Trading point --- Conclusion: This is a bullish continuation setup where Gold could correct down into the H4 FVG zone before resuming its larger uptrend. The plan focuses on buying dips rather than chasing highs. --- Please support boost 🚀 this analysis