Technical analysis by FOREXRSMV about Symbol PAXG on 11/17/2025

XAUUSD Market Analysis Overall Trend: Gold is currently moving in a correction phase after rejecting higher resistance zones. Price is trading within a wide range, creating both sell and buy opportunities. 🔻 Bearish Side (Sell Bias) Key Resistance: 4089 This level is acting as a strong ceiling. Each time price reaches this area, momentum weakens. Sellers are active here because liquidity sits above this zone. Expected Move: If price rejects around 4089, it is likely to drop back toward 4045, the next strong support. 🟩 Bullish Side (Buy Bias) Key Support Zone: 4045 – 4042 This is a major demand zone. Previously, price bounced strongly from this level. Buyers typically wait here for better entry. Expected Move: If price reaches 4045–4042 and holds, a bullish reversal can target 4112, which is the next resistance and liquidity area. 📌 Summary Sell zone: 4089 → Target: 4045 (Market correcting from resistance) Buy zone: 4045–4042 → Target: 4112 (Bullish bounce from strong support)