Technical analysis by Jos-ProTrader about Symbol PAXG: Sell recommendation (10/20/2025)

Gold (XAUUSD) has completed a clear head and shoulders pattern after an extended bullish leg, signaling potential exhaustion and the possibility of a deeper correction. Price recently broke below the neckline area near 4,255 with strong bearish momentum, confirming the first stage of a potential reversal. The market showed multiple signs of distribution before the drop — equal highs, weak rejections, and lower highs forming near the top structure. Volume has also increased on the downside, suggesting that sellers are gaining control after the neckline breakdown. Currently, price is retesting the neckline zone, which may act as new resistance. If this level holds and another bearish candle confirms rejection, further continuation toward lower support zones is likely. 💡 As long as gold remains below the neckline and fails to reclaim 4,265, the bearish setup remains valid. A clean retest rejection could trigger a strong impulsive decline toward the next demand levels. 🎯 Technical Target Levels / Support Zones: First Target: 4,218 Second Target: 4,140 Third Target: 4,056 If momentum continues, extended downside toward 3,980 is also possible. ⚠ Note: A sustained recovery and candle close back above 4,265 would invalidate this bearish scenario and suggest a potential range re-entry. 🚨 This is not financial advice. Always use proper risk management and follow your trading plan carefully. 💬 Like, comment & follow for more Smart Money and Price Action-based trade ideas. 💎gold trade is cancel not work no worry it's normal part of trading