Technical analysis by MrOscar18 about Symbol PAXG: Sell recommendation (10/6/2025)

GOLD ANALYSIS – WEAKNESS BELOW PSYCHOLOGICAL RESISTANCE Gold is currently trading around 3940, showing signs of weakness after a clear rejection from the 3949 resistance zone. Despite multiple attempts, price action is failing to break above the key psychological level at 3950, indicating potential exhaustion from buyers in this area. This level is acting as a strong short-term resistance. I expect a retracement move toward the 3897 support zone, where there’s a high probability of a liquidity grab before any further bullish continuation. 📉 If the selling pressure holds below 3949, this pullback could provide cleaner structure and allow the market to reset before attempting another push higher. Resistance: 3949 📌 Support: 3897 📌 Bias: Bearish toward support / liquidity zone Watching for price action signals near 3897 to reassess. Trade safe and stay patient. #XAUUSD #Gold #TechnicalAnalysis #TradingView #PriceAction #SupportResistance #LiquidityGrab #MarketStructureclose now