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

Gold continues to show clear weakness after failing to cross the 4050-4070 area, which has now turned into a strong supply zone. The price formed a descending triangle pattern and was confirmed with the structure (BoS) breaking below 3950, strengthening sellers' control at the moment. On the hourly time frame, we observe that the market is moving in a sequence of bearish BoS and CHoCH, with a successful retest of the broken demand zone, indicating a possible continuation of the negative momentum towards lower areas. 🔹Possible scenarios: Bearish scenario (likely): If selling pressure continues, the price is expected to move towards the following demand areas: ➡️ 3910 – 3880 Breaking it will open the way to 3820 – 3780. Bullish scenario (corrective): Any bounce from 3920 – 3950 may be considered just a correction before completing the downtrend, with strong resistance at 3990 – 4010. 💼 Trading opportunities: Sell trade after retest: 🔸 Entry: 3975 – 3990 🎯 Goals: 3920 – 3880 🛑 Stop loss: above 4010 Corrective buy deal (short term): 🔹 Entry: 3920 🎯 Goal: 3990 🛑 Stop loss: below 3900 🧭 General trend: The overall structure is bearish, and the market is still creating lower highs and lows with sellers clearly in control. 💡 Analyst tip: Watch the 3975 – 3990 area as an ideal area to catch a retest with the downside. 🏷️ #XAUUSD #gold #TPS_ACADEMY #SmartMoney #MarketStructure #PriceAction #TechnicalAnalysis #Forex #TradingView