Technical analysis by ForexGoldkinggg about Symbol PAXG: Sell recommendation (12/17/2025)

Hello Traders 🙋 Hope Everyone is Ok Let's Talk About our Chart 👇 📉 XAUUSD – SELL SETUP ANALYSIS (1H) 📉 Gold has shown a clear bearish signal after failing to hold above the ascending channel. 🔍 Technical Reasons: ▪️ Price was moving inside an ascending channel ▪️ Strong rejection from the channel top (4335–4340 resistance) ▪️ Bearish trendline breakout confirmed ▪️ Buyers lost momentum after FVG reaction ▪️ Smart money distribution seen above, now targeting lower liquidity 📦 Order Block Logic: Price failed to continue bullish from the OB, indicating sell pressure and possible OB mitigation below. 🎯 Targets: 🔹 First support: 4310 🔹 Main target: (4305) (4290) ( 4280) Liquidity + demand zone ⚠️ Bias: BEARISH As long as price stays below 4335, sell pressure remains strong. Bullish only if a strong close above resistance. 📊 Conclusion: Fake breakout up ➝ real move down. Trade with proper risk management. 📌 Gold doesn’t move randomly, it hunts liquidity. 🚀 Support the Idea! 👍 Like | 🔔 Follow | 💬 Comment | 🔁 Share Your engagement boosts visibility and helps our community stay strong. Share your own charts and setups in the comments — let’s analyse together!