Technical analysis by HAMED_AZ about Symbol PAXG: Sell recommendation (10/19/2025)

Hello Traders! 👋 What are your thoughts on GOLD? Gold has seen a sharp and powerful rally over the past few weeks and continues to trade in a bullish structure. From a fundamental perspective, there are still no major signs of weakness, as macro factors continue to support gold’s long-term uptrend. However, from a technical standpoint, a short-term correction appears increasingly likely. On the 4-hour chart, gold has recently broken its ascending trendline and is now trading below a key resistance zone. If price pulls back to retest the broken trendline and then breaks below the 4180 support level, we could see a deeper move toward the next support zone. Volatility in gold has been extremely high in recent days, with sharp intraday swings. It’s advisable to avoid aggressive entries at the moment and wait for clearer confirmation signals before taking new positions. Don’t forget to like and share your thoughts in the comments! ❤️