Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol PAXG: Sell recommendation (4 hour ago)

Gold has been moving for several days within a horizontal range between 3,940 and 4,080, after the strong bearish wave that started from the 4,360 – 4,400 supply zone. We notice on the hourly basis that the price is starting to show a clear consolidation below an important structural resistance area near 4,080, where a previous high converges with a structural breakout (BoS) that indicates the possibility of testing sellers again. At the same time, several strong demand zones are emerging below 3,950, reflecting a temporary balance between buyers and sellers ahead of the next move. 🔹Possible scenarios: 🔻 Bearish scenario (likely): If the price fails to close clearly above 4,080 – 4,100, selling pressure is expected to return towards: ➡️ 3,980 – 3,950 as the first support area, Then 3,900 – 3,860 if it is broken and the downward momentum continues. 🔹 The bullish (alternative) scenario: A strong and steady break above 4,100 may open the door to targeting 4,160 – 4,200 and later 4,360, which are critical supply areas that may determine gold’s direction in the medium term. 💼 Trading opportunities: Selling from resistance areas: 🔸 Entry: 4,070 – 4,090 🎯 Goals: 3,980 – 3,900 🛑 Stop loss: above 4,110 Buy from support areas: 🔹 Entry: 3,940 – 3,950 🎯 Goals: 4,050 – 4,100 🛑 Stop loss: below 3,920 🧭 General trend: The overall trend for gold is neutral to bearish as long as the structural resistance at 4,100 is not broken. 💡 Note from TPS Academy: The current sideways movement is considered a consolidation phase in preparation for an upcoming strong wave — careful monitoring of liquidity zones will be key to identifying the next trend. 🏷️ #XAUUSD #SmartMoney #PriceAction #TechnicalAnalysis #MarketStructure #TradingView #TPSAcademy #Gold