Technical analysis by KlejdiCuni about Symbol PAXG: Sell recommendation (9/17/2025)

GOLD: In a short-term downtrend after Powell's comments? Powell continues to make hawkish comments about the economy and the reasons for interest rate cuts. He repeatedly emphasized the independence of the Federal Reserve (FED) and that its monetary policy is working well. These comments still support the strengthening of the US dollar and unless we face more manipulation, gold could begin the process of dissipating from this new bearish pattern. Gold has formed a rising wedge pattern, which often signals a bearish reversal. The price has already broken below the wedge, showing early signs of weakness. If sellers remain in control, the downside targets to watch are: $3,618 $3,586 $3,530 As long as Gold stays below the wedge, the bearish outlook remains valid. However, if the price climbs back inside the wedge and holds above $3,707, the bearish scenario could fail. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ PS: Let's see what happens now📣GOLD - Price Outlook 🎯From the GOLD analysis I posted last night, the price rose near 3670 as expected and today we can see it fall to 3634. We have to be careful, but it seems that a downward movement has already started for gold. The accumulation was very high and this moment of distribution was expected. Moreover, even the bullish movement that happened the previous weeks was manipulated in my opinion by Trump and his company, because gold started to rise 2 days before Israel carried out the airstrike in Qatar. Despite all this, our pattern is bearish, so let's hope it falls more and we have a clear market.