Technical analysis by TradingShot about Symbol PAXG: Sell recommendation (11/10/2025)

Gold (XAUUSD) may be rising early into the week on news of a potential U.S. government opening but remains heavily rejected from the Highs of the past 3 weeks. At the same time, the U.S. Dollar Index (DXY illustrated by the black trend-line) has been staging its first legitimate bottom since December 2020 and is rebounding. That DXY's bottom came a few months after Gold's top for that Cycle. The result was the start of Gold's new 2-year Bear Cycle. In fact that DXY bottoming pattern was also present in 2011, right before Gold topped this time. This suggests that the current DXY bottom has the potential to start a new multi-year rally, hence a new Bear Cycle for Gold. This pattern is further strengthened by the fact that Gold has formed a Quadruple Top on its 1W RSI Resistance Zone, similar to both of its previous Cycle Top patterns since 2011. Is the Dollar signaling a Bear Cycle on Gold? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇