Technical analysis by ELDORADOFX about Symbol PAXG on 11/4/2025

Gold closed the US session bearish at 3,932, extending its downside move under the descending trendline and rejecting from the key supply area at 3,953–3,960. The structure, momentum, and RSI alignment all confirm a continuation bias to the downside — the market remains in a controlled sell-off phase unless bulls reclaim 3,954 with volume. ⸻ 📊 Technical Outlook 🔹 D1: Gold is in the second leg of a corrective pullback after peaking at 4,046. The RSI at 46 and fading MACD histogram show room for continuation toward the 100EMA near 3,870. 🔹 H1: Price has consistently printed lower highs and lower lows. All EMAs (20 < 50 < 200) slope downward. The most recent break below 3,940 confirms renewed seller strength. 🔹 15M–5M: Consolidation inside a tight bearish channel, forming minor liquidity traps above 3,940–3,946 before further declines. Momentum is stable to the downside, with no bullish divergence detected. ⸻ ✨ Fibonacci Golden Zone (Swing 3,953 → 3,932) •38.2% = 3,940 •50.0% = 3,943 •61.8% = 3,946 🎯 Golden Zone: 3,940 – 3,946 (Rejection zone for re-entry shorts) ⸻ 🎯 High Probability Trade Setup (Chosen Bias: SELL) 📉 SELL SCENARIO (High Probability) ✅ Sell Entry Zone: 3,940 – 3,946 (Golden Zone retest) 🎯 Targets: 1️⃣ 3,925 2️⃣ 3,915 3️⃣ 3,900 4️⃣ Extended target 3,880 (swing projection) 🛑 Stop Loss: Above 3,954 ⚡ Confirmation: – Price rejection at 3,946 or bearish engulfing candle – RSI stays below 45 – MACD momentum bars remain red 💡 Rationale: Structure, EMAs, and momentum fully aligned to downside; the 3,940–3,946 area is a low-risk, high-probability retest before the next leg down. ⸻ 📈 BUY SCENARIO (Low Probability) ⚠️ Buy Zone: 3,910 – 3,900 (strong low zone / liquidity pool) 🎯 Targets: 3,932 → 3,940 🛑 Stop Loss: Below 3,890 ⚡ Only if: Strong bullish divergence forms with RSI <30 and MACD crossover. ⸻ 📰 Fundamental Watch •Asia: Low volatility expected early session; traders waiting for European cash flow. •DXY: Holding above 106 supports bearish gold momentum. •No major news, but volatility could spike from dollar liquidity flows ahead of midweek positioning. ⸻ 📌 Key Levels TypeLevelsNotes Resistance3,940 / 3,946 / 3,954Golden Zone / Rejection Area Support3,928 / 3,915 / 3,900Short-term targets Break Sell Trigger< 3,928Confirms continuation Break Buy Trigger> 3,954Invalidates bearish setup ⸻ ✅ Expert Summary (Final Bias) Gold remains in bearish continuation mode, with clean confluence between structure, EMAs, and momentum. 🎯 Expect short opportunities from 3,940–3,946 aiming toward 3,915–3,900. 📉 Bias: Bearish continuation until proven otherwise. ⸻ 🥇 ElDoradoFx PREMIUM 3.0 – PERFORMANCE 04/11/2025 🥇 📊 Live precision | Consistent gains. ━━━━━━━━━━━━━━━ 💎 GOLD RESULTS 🔻 SELL +20 PIPS 🟢 BUY LIMIT +70 PIPS 🔻 SELL +30 PIPS 🟢 BUY +20 PIPS 🟢 BUY +20 PIPS 🔻 SELL +240 PIPS --- ▶ LIVE TRADING SESSION 🔻 SELL +20 PIPS 🔻 SELL +20 PIPS 🔻 SELL +170 PIPS ━━━━━━━━━━━━━━━ 💰 TOTAL PIPS GAIN: +610 PIPS 📊 9 Trades → 9 Wins | 0 SL | 0 BE 🎯 Accuracy: 100% ✅ ━━━━━━━━━━━━━━━ 🔥 Clean, disciplined setups both pre-market and live. Another powerful session for our traders! 👏 Congratulations if you profited! ✅✅✅🚀🚀🚀