Technical analysis by Mr_Zakrii about Symbol PAXG on 10/13/2025

Here’s the detailed analysis for your Gold (XAU/USD) short setup based on the chart you shared 👇 --- 🟣 GOLD 4H Analysis (Short Setup) Market Price: 4068 Structure: Rising channel pattern Bias: Bearish reversal expected from upper channel resistance --- 📉 Trade Idea: Sell / Short Setup Entry Zone: 4065 – 4075 Stop Loss: Above 4100 (upper resistance zone) Targets: 🎯 TP1: 3900 🎯 TP2: 3870 🎯 TP3: 3805 (major demand zone) --- 📊 Technical Breakdown: Price is currently respecting a rising channel formation. Multiple rejections are visible near the upper trendline, indicating bullish exhaustion. A bearish divergence and weakening momentum suggest potential downside movement. If price breaks below mid-channel support, expect stronger bearish continuation toward 3870–3800 zone. --- ⚠️ Risk Management: Risk-to-reward ratio ≈ 1:3 Wait for bearish confirmation (e.g., a 4H candle close below 4050) before entering. --- 🧭 Summary: Gold is approaching a key resistance area near 4070–4100 inside a rising channel, signaling potential for a short-term correction or reversal. A break below 4050 could trigger a deeper move toward the 3900–3800 support region. --- Would you like me to write a TradingView post caption/description for this setup (like the ones you share publicly)?