Technical analysis by DollarsMagnet about Symbol PAXG: Sell recommendation (12/15/2025)

DollarsMagnet
XAUUSD at Major Resistance! | Bearish Pullback Levels Explained.

XAUUSD (Gold) – Professional Market Forecast & Key Levels XAUUSD Gold is currently trading near a strong resistance/supply zone, where price has formed a potential double top on the H1 timeframe. This structure, combined with repeated rejections from the upper zone, suggests weak bullish continuation and increasing downside risk unless price breaks and holds above resistance with strong momentum. 📊 Market Direction Outlook Primary Bias: Bearish pullback / corrective move Alternate Scenario: Bullish continuation only if price breaks and sustains above major resistance Price is extended after an impulsive rally and reacting inside a bearish order block (supply zone). Failure to break higher increases the probability of a retracement toward lower support levels. 🔑 Key Resistance Levels - 4,360 – 4,378 → Strong resistance / Supply zone - 4,347 → Intraday resistance (double-top area) A clean breakout and hold above 4,378 would invalidate the short-term bearish view. 🛡️ Key Support Levels & Downside Targets - 4,281 → First support (BOS level) - 4,256 → Minor support - 4,238 – 4,230 → EMA 200 + structure support - 4,217 → Strong intraday support - 4,178 → Major support - 4,166 → Demand zone / bullish order block These levels are potential reaction zones where price may pause or reverse. 🎯 Trading Plan Insight - Shorts are favored below resistance, especially on rejection signals. - Partial profits should be secured at each support level. - Bulls should wait for confirmed breakout + retest before entering longs. 🧠 Pro Trader Tips - Trade levels, not emotions - Always wait for confirmation at supply & demand zones - Protect capital with strict risk management - Let the market come to your level – patience pays If this analysis adds value to your trading: 👍 Like 💬 Comment your bias 🔔 Follow for consistent market structure insights