Technical analysis by Thalassa_ about Symbol PAXG: Sell recommendation (10/11/2025)

The XAUUSD chart shows that gold is in a stable uptrend, but is currently facing strong resistance at the 4.100 area. If it is unable to break this level, a slight correction may occur towards 3,980, where there is support from the trend line. With the current upward channel, if the price continues to be rejected at 4.100, the likely scenario is a slight decline. Traders can enter a short trade on a breakout near this area, with an SL above 4.100 and an initial target towards 3.980. In short, gold may decline slightly in the short term before resuming the uptrend if 3.980 support is maintained.