Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol PAXG on 11/5/2025

Gold is still moving in a sideways range after the violent decline from the main supply zone at 4,350-4,300, which formed a clear structural top for the market. Prices failed to cross the secondary supply zone at 4,050 – 4,000, which confirmed the stability of sellers and the continuation of the bearish structure. On the other hand, the price found stable support around the 3,900 – 3,870 demand area, where limited signs of accumulation began to appear. 🔹Possible scenarios: Bearish scenario (likely): As long as the price is below 4,050 - 4,000, the general trend remains negative, with the possibility of targeting: ➡️ 3,900 – 3,870 (current demand area) If it is broken with a clear close, the decline will extend towards 3,750 - 3,700. Bullish scenario (temporary alternative): A strong breach of the 4,050 area and stability above it may bring gold into an upward correction towards 4,150 - 4,200 before resuming the main downward path. 💼 Trading opportunities: Sale from display areas: 🔸 Entry: 4,000 – 4,050 🎯 Goals: 3,900 – 3,750 🛑 Stop loss: above 4,070 Short term purchase of order: 🔹 Entry: 3,890 – 3,870 🎯 Goal: 4,000 🛑 Stop loss: below 3,850 🧭 General trend: The overall trend remains clearly bearish, with selling momentum prevailing over the move. 💡 Tip from TPS Academy: Wait for a clear structure break before entering any major trading position — the market is currently in a redistribution phase. 🏷️ #XAUUSD #SmartMoney #PriceAction #MarketStructure #Gold #TradingView #TechnicalAnalysis ✳️ Smart Money Concepts style structural analysis – provided by TPS Academy