Technical analysis by Steven-GoldTrading about Symbol PAXG: Sell recommendation (12/17/2025)

XAUUSD (H1) – Steven | Priority SELL European–American session Quick Context Gold is moving quite slowly due to lack of liquidity, but when the European and American sessions open, the range usually "opens" more strongly. Structurally, the current price is unlikely to rise sharply immediately, today's priority is to sell on the rebound instead of chasing buys. Technical View (according to chart) The price is below the dynamic resistance area (trendline) and shows signs of distribution/decline. On the chart, there are clear areas: "Strong liquidity" area above (area likely to have selling reactions). Buy trendline + FVG around 4.284 (reasonable scalp buying point). Lower FVG area (scenario of deep price drop, looking for a buyback point). Strong liquidity area below (liquidity target if sell runs strong). Today's Trading Plan ✅ Scenario A (Priority) – SELL European/American session Sell: watch from the current price area / rebound near the trendline SL: set above the trendline (above the nearest rejection area) TP target: down to 4.25xx (lower support area) Order management suggestion: TP1: to the nearest support area (reduce risk) TP2: to 4.25xx according to the main plan If the price does not rebound but falls straight: do not chase sell, wait for the correct area to enter. ⚡️ Scenario B (Secondary) – BUY scalping at 4.284 Buy scalp: 4.284 (strong trendline + FVG) SL: set below the area (according to small frame structure) TP: prioritize short closing back to the nearest resistance area / upper liquidity area This is a "reaction eating" order, not a long-term holding order. If selling pressure is strong, prioritize staying out or waiting for a lower area. News Supporting the View The USD index is around 98.30, slightly recovering but still difficult to rise strongly as the market expects a more dovish Fed. USD not breaking out clearly often helps gold reduce pressure, but during the day it can still fluctuate according to the liquidity rhythm of the European–American session.