Technical analysis by Jos-ProTrader about Symbol PAXG: Sell recommendation (10/23/2025)

Gold (XAUUSD) continues to respect the Double Top structure, confirming strong bearish control after breaking below the neckline. The price has now retested the previous neckline area, which has turned into a supply point, and is showing rejection signs with lower highs forming. This confirms the presence of sellers around 4,100–4,120, signaling that the market remains under bearish pressure. As long as Gold trades below this zone, the bearish continuation setup remains active, and further downside movement is likely. Market structure shows a clear change of character (CHoCH) and multiple breaks of structure (BOS) favoring sellers. The momentum has shifted from bullish to bearish, with supply dominating the price action. 💡 If price continues to reject from the 4,100–4,120 supply zone, expect a move toward lower support zones as the next targets. 🎯 Technical Target Levels / Support Zones: First Target: 4,017 Second Target: 3,951 As long as Gold stays below the supply zone and bearish pressure holds, the trend remains in favor of sellers. ⚠ Note: A strong bullish candle closing above 4,130 would invalidate the current bearish setup and may signal a temporary range or pullback phase. 🚨 This is not financial advice. Always use proper risk management and trade with discipline. 💬 Like, comment & follow for more Smart Money and Price Action-based trade setups. 💎📊 XAUUSD Trade Update Gold has touched the upper supply point and is now starting to move down. The trade is active and looks ready to continue its bearish move from this zone.