Technical analysis by mudusir about Symbol PAXG: Sell recommendation (10/21/2025)

Weekly Outlook: #Gold has been moving aggressively in an uptrend, forming 9 consecutive green candles on the weekly timeframe — a strong bullish run! However, no trend moves in a straight line forever — markets always move in a zig-zag pattern. Current Scenario: Now, we are seeing signs of exhaustion — a potential Double Top pattern forming on the 4H timeframe, indicating possible bearish momentum ahead. #Gold might take a healthy correction to form Higher Lows (HLs) before continuing the next big move. Trading Plan: Watch for break of the support level (confirmation of trend reversal) On a confirmed break, we’ll look for a short setup Always apply proper risk management Key Notes: Don’t rush into early entries — wait for clear structure break This could be a high-probability setup for short-term traders What do you think? Will #Gold continue higher or start the correction phase? Share your thoughts below #GOLD #XAUUSD #PriceAction #DoubleTop #TechnicalAnalysis #TradingView #SwingTrade #TrendReversal #RiskManagement #SmartTradingTrade is active