Technical analysis by THE_WINING_HUB about Symbol PAXG: Sell recommendation (10/17/2025)

Gold is currently hovering around 4375, showing early signs of exhaustion near key resistance at 4395. Technical structure suggests a potential M-pattern forming on the M15 timeframe, hinting at a short-term bearish reversal as buyers begin to lose momentum. 🔹 Technical Outlook Entry Area: 4375 Resistance: 4395 Support 1: 4325 Support 2 / Strong Support: 4280 Bias: Bearish below 4395 Price action has struggled to sustain momentum above the 4375–4395 zone, where repeated rejection wicks signal seller activity. The M-pattern visible on intraday charts supports a potential decline toward the 4325 zone, which aligns with a short-term liquidity pocket and previous demand area. Key indicators like RSI are showing bearish divergence, and the MACD is flattening out — both pointing to a loss in bullish strength. A confirmed break below 4350 may trigger further downside pressure. 🔸 Fundamental Analysis Dollar Strength Rebounds: The U.S. dollar is regaining traction after recent softness, adding pressure on gold. A stronger dollar typically weighs on precious metals as it makes them more expensive for foreign buyers. Profit-Taking After Recent Rally: Gold’s sharp upward movement in recent sessions has likely prompted short-term profit-taking, fueling a pullback toward lower support zones. U.S. Economic Outlook & Fed Expectations: Traders are eyeing upcoming Federal Reserve commentary and economic data for clues on future rate cuts. Any signal of sustained inflation or slower easing could support the dollar and weaken gold’s momentum. Geopolitical Sentiment: While geopolitical risks still provide a base for gold, the current easing in tensions may temporarily reduce safe-haven demand — adding to the short-term bearish case. ⚙️ Trading Perspective As long as gold remains below 4395, the near-term bias leans bearish. A clean break and close below 4350 could confirm a move toward 4325, with extended potential toward 4280 if momentum accelerates. However, a sustained break above 4395 would invalidate the setup and could shift sentiment back to bullish continuation.4375→ 4350: Achievement Unlocked 🏆 250Pips Secured🔒 enjoy your profit Target🎯 1 Smeshed wonderfully