Technical analysis by SroshMayi about Symbol PAXG: Sell recommendation (11/18/2025)

GOLD | Overview Gold extends its decline for the fourth straight session as traders scale back expectations for further Fed rate cuts this year. Several Fed officials have signaled caution, pushing rate-cut odds below 50%, while investors wait for delayed U.S. economic data to gauge the economic outlook. This shift in sentiment continues to pressure gold in the short term. Technically: Gold remains in a bearish structure while trading below the 4054 pivot level, with downside momentum targeting 4015 and 3983. A break below 3983 would extend losses toward 3962. A bullish recovery would require a 1H candle close above 4055, which could lift the price toward 4083 and 4105, with further extension to 4135 if buying strength increases. Key Levels Pivot Line: 4054 Support: 4015 · 3982 · 3962 Resistance: 4083 · 4105 · 4135