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

Hello friends, I stated that after the peak of 4385 in ounce gold, pricing was at extreme levels above 4250 and that we now expect a correction with sales at these levels. Afterwards, pricing decreased to 3886 and remained at the 3900 level support, which is 0.382 support. I suggested that the correction was completed with the support and that those who bought the correction target at 3900 were in TUT position when the price was at 4000 levels and should follow it with a cost stop. I mentioned that the sellers under 4071 are strong and they can hit him in the head as they get closer. Expectations came true until yesterday. I wish good luck to those who evaluate. At a single-day closing above 4071, pricing quickly reached 4149. In the analysis, I said that a new peak target would not be given unless a multiple close was taken above 4137. They haven't even allowed a 4H close on the 4137 resistance yet. Selling at resistance can follow the cost with a stop. The area at 3900 can take profit at a single day closing under 4071. Those who bought above 4071 should have sold at 4139. If it hasn't sold, it can continue with a cost stop. The expectation of a possible reverse flag formation in ounce gold, which was traded at 4114 as of November 11, was dashed as the support was not broken. Unless we get a single-day close below 4071, uncertainty may technically prevail under the ounce. A sell signal may appear at a close below 4071, and a Technical BUY signal may appear at a multiple close above 4137. Breaks are gambling. Technically, we are at the same levels with ounce gold, which made a pullback at 4137 on October 23, following the rising bottom trend that was broken at 4111 on October 22, and then entered the correction target. It may be safer to act according to technical closings in case of a possible similar pricing. Personally, I ended all my buy positions at 4125 and started selling with the expectation of a correction. As of today, I started selling with 4140. I will close with a loss on 2 days closing above 4137. I make an addition at a one-day closing below 4071 and take trades with the target of 4048. There is no new bottom target for ounce gold unless 4048 is broken. Technical analysis is an expectation, it is never guaranteed to come true. Sharing is for informational purposes only and never as investment advice.