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

GOLD – MARKET OVERVIEW | Trades Below $4,000 as Risk Appetite Rises Gold continues to slide, as optimism over a potential U.S.–China trade deal and improving global outlook weakens demand for safe-haven assets. The metal is now down nearly 10% from its all-time high of $4,377 (Oct 20), with the recent rally losing steam as traders take profits amid signs of progress in trade negotiations between the world’s two largest economies. Technical Overview Gold dropped nearly $150, exactly as projected in our previous outlook. The price remains under bearish pressure while below 3,944, targeting 3,893, and a break below that could extend the decline toward 3,855 → 3,818. However, a 1H close above 3,944 would indicate a potential reversal, opening the way for a retest of 3,970 → 4,011. Key Technical Levels Pivot Zone: 3,932 – 3,944 Support: 3,893 · 3,855 · 3,819 Resistance: 3,970 · 4,011 · 4,053 Outlook: Gold stays bearish below 3,944, with downside potential toward 3,855 if trade optimism persists. Only a confirmed 1H close above 3,944 would shift bias back to short-term bullish toward 4,011.