Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol PAXG: Sell recommendation (11/3/2025)

The XAU/USD chart on the hourly time frame shows that the price is moving in an upward corrective range after a strong bearish wave that started from the 4,375 – 4,350 supply zone. Constructive price analysis clearly shows a bullish breakout structure (CHoCH) forming from the recent bottom near 3,875, then a continuation of positive momentum until touching the 4,050-4,070 area, a key supply zone that could represent a strong barrier for buyers. Currently, we notice hesitation in the price movement above the ascending trend line, which indicates the possibility of starting a downward correction if the price does not succeed in penetrating the current resistance with a clear close above 4,070. 📊 Expected scenario: If the price fails to exceed 4,070, it will likely return to test the nearest demand area between 3,950 – 3,920, and the movement may extend towards 3,875 if the bullish structure is broken again. However, if the price succeeds in surpassing the current resistance and holding above it, this will open the way to target 4,130 – 4,175 as the next corrective stage. 🔹 Trading opportunities: Possible sell from resistance: 4,050 – 4,070 Goals: 3,950 – 3,920 Stop loss: above 4,090 📈 The general trend: bearish in the medium term, with a limited upward correction. 💡 Advice for analysts: Watch the price reaction at 4,070 carefully, as the price behavior in this area will determine whether gold is preparing for a new downward wave or a temporary upward breakthrough before completing the general trend.