Technical analysis by Zickey_11 about Symbol PAXG: Sell recommendation (10/27/2025)

🧩 Key Observations: 1. Double Top Formation Two clear peaks around 4160–4180 zone (marked circles). This confirms strong resistance and a potential reversal zone. 2. Trendline Resistance A descending trendline from previous highs keeps price suppressed. Every retest of this line has led to rejection — confirming bearish control. 3. Bearish Structure Lower highs and lower lows clearly visible → consistent with downtrend. Recent pullback appears corrective before another potential drop. 4. Projected Move (Arrow Path) The arrow suggests a short-term retracement to ~4120–4150 zone (trendline + resistance confluence). Then, a continuation down toward the target zone near 3968–3980. 5. Support & Target Levels Immediate Support: 4040–4050 Main Target: 3968–3980 (shown on chart) Major Resistance: 4160–4180Gold Market Has Started Falling Time is nearer to Achieve The Targettarget completed