Technical analysis by Mihai_Iacob about Symbol PAXG: Sell recommendation (10/28/2025)

Gold started the week poorly, dropping around 1500 pips and, more importantly, breaking three key support levels: •the rising trendline that started back in August, •the 4020 horizontal support zone, •and even the psychological 4000 level. Overnight, the price attempted to reclaim 4000, but failed — currently trading around 3965. The next immediate support sits at 3945, and even if we see a rebound from here, bulls will need to hold the price firmly above 4000 to have any chance of a reversal. If this level also fails, the next obvious medium-term target is the 3720–3750 zone. I m bearish for now, but there isn’t a clean or logical entry point at the current levels — I will wait until a clearer setup forms.