Technical analysis by SMC_Trading_Point about Symbol PAXG: Sell recommendation (11/9/2025)

Gold traded between 3910 (demand) and 4050 (supply) last week, forming a clear range where liquidity was collected on both sides. The weekly candle closed near 4001, showing price is still inside this structure and close to the premium zone. From a Smart Money Concept (SMC) view, the upper zone 4037–4047 remains an unmitigated supply area — where institutional sell orders may rest. Price could retest this area to collect liquidity before any deeper move lower. Two scenarios stand out: 1. Immediate drop from current levels (~4001). 2. More likely, a retest of 4037–4047 before a bearish reaction toward the demand zone. This aligns with the common SMC principle — “liquidity first, direction second.” A break above 4050 would indicate possible bullish continuation , while a break below 3910 would confirm bearish structure and continuation toward lower demand. These levels define the key directional breakout zones for the coming week. Watch for: Order Blocks near 4037–4047. Fair Value Gaps (FVG) to fill before reversal. Change of Character (ChoCH) or Break of Structure (BoS) to confirm direction. Gold remains in a liquidity-building phase, waiting for a clear breakout or mitigation move. This outlook is shared purely for educational and analytical purposes, not as financial advice. Let’s discuss in the comments what you think about the Gold next week.!?