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

Gold started the week on a bearish note following reports that the US and China reached a new trade agreement. The pennant formation is currently being tested to the downside. If it breaks, the first target will be the 4000 support level, with the potential for further declines. Key support levels to watch are 4045, 4000, 3930, and 3775. Traders should be ready for a volatile week filled with central bank meetings, the Trump–Xi summit, and developments related to the US government shutdown.