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

GOLD topped out heavy at $4,380, neckline cracked around $4,200–$4,190 - classic Double Top formation. Since then, it’s been bleeding down inside a descending channel, and every bounce has died under pressure. $3,986 is the line in the sand ⚔️ — as long as price stays below, bears are in full control. We’re still trading inside the Zonal Drop Range ($3,986–$3,825) — where sellers keep hammering every push. 🎯 Targets: TP1 → $2920 (38.2% fib) TP2 → $3,858 TP2 → $3,790–$3,760 (Support Zone) 🧠 Setup: Short rejections between $3,980–$3,990. Stop above $4,040 — any close above that cancels the play and opens space back toward $4,103–$4,160. 📉 RSI: Neutral to bearish around 51. 📊 Volume: Drying up = pressure cooker before next drop. Until bulls reclaim $4,040, I’m hunting shorts only. Below $3,986, expect acceleration — liquidity vacuum toward $3,858, maybe a full flush into $3,790. Stay sharp, stay patient 💚.