Technical analysis by TheodoreSilas about Symbol PAXG: Sell recommendation (11/16/2025)

https://www.tradingview.com/x/NPcRawjU/ News： Spot gold prices plunged 2% on Friday (November 14th) as hawkish comments from Federal Reserve officials dampened market expectations for a December rate cut, triggering a massive sell-off. Gold itself does not earn interest and typically performs well in low-interest-rate environments, and is also seen as a safe haven during times of economic uncertainty. With the US government shutdown ending, investors are awaiting clearer information on how the backlog of economic data will be processed and how this data will reflect the state of the US economy. Technical aspects： From a 1-hour technical analysis perspective, the daily chart closed bearish, indicating a significant drop and strong short-term upward pressure. Market sentiment is less optimistic, and the 4000 level is crucial. If it holds, the price may consolidate for a while; however, a break below this level could see gold prices fall to around 3930 or even lower, potentially finding support near 3885. On the 4-hour chart, the price is in a consolidation phase. If it can recover lost ground and reclaim key moving averages, the bulls still have some hope; otherwise, the bears may continue their aggressive selling. Trading strategy: Buy:4115-4110, SL: 4125, TP: 4065-4020If gold prices remain below short-term moving averages, it will strengthen the downward momentum and allow for further declines.