Technical analysis by RLinda about Symbol PAXG: Sell recommendation (11/4/2025)

XAUUSD is trading near $4,000, consolidating after the Fed's statements and awaiting new macro data. The trading range has narrowed to $3,886–4,046, forming a symmetrical triangle (unpredictability) Fed caution: Powell ruled out guarantees of a rate cut in December, which supported the dollar and limited gold's growth. US shutdown: Could become the longest in history, causing economic concerns, but is expected to end this week. Weak data: ISM Manufacturing PMI (48.7) pointed to contraction in the sector, which is holding back the dollar's strengthening. This week, attention is focused on ADP and ISM Services — assessing the impact on Fed rates. NFP (if published) — a key benchmark for the labor market. Accordingly, gold is in wait-and-see mode. Clear signals from the data or the Fed will be needed to break out of the range. The $4000 level remains a psychological equilibrium point. Resistance levels: 4000, 4030, 4050 Support levels: 3956, 3915, 3900 At the moment, the price is far from the key consolidation boundaries, and the market is uncertain. In this case, we are considering trading within the channel. I expect to see a retest of the flat resistance or the triangle boundary and a rebound. Best regards, R. Linda!