Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol PAXG: Sell recommendation (11/6/2025)

Gold has been moving for several weeks in a bearish horizontal range after the strong bullish wave that stopped at the main supply area between 4,350 - 4,300, which represented an important structural high. Since then, the price has broken several successive support areas with confirmation of the structure break (BoS) at the 4,150 and 4,050 levels, confirming the market's transition from the consolidation phase to the distribution phase. Despite recovery attempts, the 4,000-4,050 area still represents strong resistance that hinders any upward correction. 🔹Possible scenarios: 🔻 Bearish scenario (likely): As long as the price remains below 4,050, the downward trend remains valid, with the possibility of targeting: ➡️ 3,900 – 3,870 (near demand area) If it is broken, the decline will extend to 3,750-3,700 as a deeper structural support area. 🔹 The bullish (alternative) scenario: A clear breach and stability above 4,050 - 4,080 will lead to the activation of an upward correction movement towards 4,150 - 4,200, and perhaps a retest of 4,300 before resuming the downward trend again. 💼 Potential trading opportunities: Sale from display areas: 🔸 Entry: 4,030 – 4,050 🎯 Goals: 3,900 – 3,750 🛑 Stop loss: above 4,080 Speculative buying from demand areas: 🔹 Entry: 3,890 – 3,870 🎯 Goal: 4,000 🛑 Stop loss: below 3,850 🧭 General trend: The general trend is still bearish within a larger corrective structure within the daily frame, and the market is currently in a redistribution phase before the next movement. 💡 Tip from TPS Academy: Wait for a clear break in the structure before making a major entry decision, as the market is now showing a liquidity build-up before a strong move. 🏷️ #XAUUSD #SmartMoney #PriceAction #TechnicalAnalysis #MarketStructure #TradingView #Gold ✳️ Smart Money Concepts style structural analysis – provided by TPS Academy