Technical analysis by SMC_Trading_Point about Symbol PAXG: Sell recommendation (11/5/2025)

Gold is currently trading around $3972. From here, price could start dropping directly, but if it doesn’t, it may first grab the liquidity above the resistance area around $3995–$4005, tapping into the supply zone where institutional sell orders are likely resting. Once that liquidity is taken, Smart Money may look to push price down toward the support area near $3930, and possibly extend the move to the demand zone around $3900, where fresh buy orders could be waiting. SMC Explanation: According to Smart Money Concepts, markets move to collect liquidity before delivering a true directional move. The area above $3995–$4005 holds buy-side liquidity, stop losses and breakout buys from retail traders. Smart Money often uses these levels to mitigate previous order blocks or fill large short positions at premium prices. Once that liquidity is captured, price is likely to shift structure and deliver to the downside, targeting areas of sell side liquidity and unmitigated demand below, around $3930 and $3900. In short: Smart Money sells from premium → buys back in discount. Liquidity above resistance fuels the move → demand below absorbs it. Key Levels: Resistance: $3995–$4005 Supply zone: 4030-4040 Current Price: $3965 Support: $3930-3920 Demand Zone: $3900-3890 Summary: Gold could fall directly from $3965, or after grabbing liquidity above $3995–$4005, drop toward $3930–$3900. That’s how Smart Money manipulates liquidity before delivering the real move. This idea is purely for educational purposes, to explain how Smart Money Concepts work on the charts.Gold has reached the 3995–4005 resistance zone. Now it’s important to watch whether the market respects this resistance or breaks above it for further direction. Gold trade is active from the resistance zone