Technical analysis by TheodoreSilas about Symbol PAXG: Sell recommendation (11/17/2025)

https://www.tradingview.com/x/0irhFXpu/ news： On Monday (November 17), spot gold rose and then fell back. It briefly broke through the $4,100 mark in early trading and rose moderately to $4,105 per ounce during the Asian session. It then fluctuated and weakened, falling back below $4,100 and touching a low of $4,050. It maintained a defensive posture for the third consecutive day on Monday. The highly anticipated October US non-farm payrolls report will be released on Thursday, followed by the FOMC minutes on Wednesday. These will play a crucial role in influencing short-term dollar price dynamics and providing some meaningful impetus to precious metals. Friday's preliminary manufacturing PMI figures for Europe and the US, along with the revised University of Michigan Consumer Sentiment Index, could amplify market volatility, especially if they indicate persistent inflation or weak consumption. Additionally, Friday will see the release of monthly US state employment and unemployment data for October 2025, which investors should also pay close attention to. Technical Analysis： The weakness below the 200-period SMA on the 4-hour chart may find some support near Friday's low of around $4,030. Following that is the psychological level of $4,000; a decisive break below this level could allow gold prices to accelerate their decline towards the $3,930 support level, then the $3,900 level, and finally the late October low of around $3,885. There are many negative signals on the 1-hour chart. The price is clearly constrained by the Bollinger Middle Band (4100). The RSI is converging at the 50 level and showing a downward trend. The MACD has entered the oversold zone, but there is still no clear indication of a rebound. Signal： Buy：4115-4110 SL：4125 TP：4030-4050Internal divisions within the Federal Reserve! 50% chance of rate cuts shattered, gold bulls paralyzed.