Technical analysis by SOAM_PRO_TRADER about Symbol PAXG: Sell recommendation (10/3/2025)

🔹 Technical Analysis Of XAUUSD (GOLD) ▪️Chart Pattern: Head and Shoulders ▪️Pattern Breakdown ▫️ A Head and Shoulders pattern has formed, signaling a potential bearish reversal. ▫️ Left Shoulder: Formed around $3,848 ▫️Head: Peaked near $3,870+ ▫️Right Shoulder: Lower high, aligning with the left shoulder This classic reversal pattern suggests a weakening bullish momentum and potential downside. ▪️Key Zones ▪️ Supply Zone for Price (Resistance): $3,848 – $3,855 Price has already reacted from this zone, confirming selling pressure. ▫️ 1st Target Area / Support Level: Around $3,826 Short-term support; if broken, further decline is likely. ▫️ 2nd Target Zone / Strong Support: $3,796 – $3,780 range A historically strong support zone and key demand area ▪️ Volume Analysis Elevated volume during the right shoulder drop suggests increased selling interest, adding strength to the bearish signal. ▪️ Outlook Bearish Bias favored unless price reclaims and closes above the supply zone. Watch for a break below $3,826 for continuation towards $3,796 or lower. If this helpful for you, press the like button.from 3858, supply zonejust hold your trades from supply zone