Technical analysis by Zickey_11 about Symbol PAXG: Sell recommendation (10/31/2025)

🔍 Key Observations: 1. Market Structure Shift: A Change of Character (CHoCH) has occurred near the upper boundary of the ascending channel. This indicates a potential shift from bullish to bearish momentum. 2. Liquidity & Supply Zone: The red zone near $4,044 – $4,018 acts as a supply zone or bearish order block. Price has reacted from this level, rejecting higher prices. 3. Entry & Targets: Entry: Around $4,011 – $4,018 (current zone) Stop Loss: Above the recent high near $4,044 First Target (TP1): $3,977 – local liquidity zone Second Target (TP2): $3,930 – $3,915 major demand area / imbalance fill zone 4. Channel Breakdown Potential: If the price closes below the lower trendline of the ascending channel, a strong bearish continuation toward the lower targets is expected. 5. Smart Money Concept (SMC) View: The chart aligns with liquidity grab above highs, followed by CHoCH, suggesting smart money selling pressure. A retracement to premium zones has already happened, and distribution is likely underway. 📉 Bearish Outlook Summary: Bias: Bearish Entry Zone: 4,011 – 4,018 Stop Loss: 4,044 Target 1: 3,977 Target 2: 3,930 – 3,915 Invalidation: Break and close above 4,045 would negate bearish setup.The Gold market moves strongly in bearish (sell) near to my 1st target . lets wait for final target