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

Gold is currently reacting around a key premium zone that aligns with a well defined supply area, where institutional orders have previously entered the market, causing multiple rejections in the past. This zone represents a strong resistance where smart money participants may look to offload positions or initiate new sell side liquidity grabs. As price approaches the 4030 level, it is likely tapping into liquidity resting above previous highs, potentially forming a short term distribution phase. If sell side pressure confirms from this zone, a move toward the discount region around 3970 can be anticipated, where demand and buy side liquidity are positioned. The 4050 level serves as the setup invalidation or structural break point, a clear sign that the current bearish order flow has shifted and that smart money may be accumulating long positions above this level. In summary, gold is trading within a high probability sell zone at premium pricing, with expectations of a decline toward the next demand zone around 3970, unless price structure decisively breaks above 4050, signaling a potential change in market direction.Gold price reached $3976..