Technical analysis by Steven-GoldTrading about Symbol PAXG: Sell recommendation (15 hour ago)

XAUUSD D1 Steven Pullback to reload Week ahead wait for a liquidity sweep then continuation Market overview Gold tagged the previous week’s high and is now holding around 4 34x after rebounding from 4 309 On the D1 timeframe the larger structure still leans bullish but the current condition suggests a high probability of a technical pullback to absorb liquidity before a stronger continuation The key point is that the market is entering a holiday period with thinner liquidity so sharp two way moves and liquidity sweeps are likely to occur more frequently Key macro backdrop Gold has been resilient holding price well despite higher yields and a rebound in USD which suggests underlying demand remains intact US consumer sentiment has weakened with households expecting higher unemployment and cutting durable goods spending which can increase safe haven demand BoJ rate hikes lift global rates but Fed uncertainty and holiday thin liquidity continue to keep gold supported Conclusion The broader trend is not broken but a pullback is reasonable before the next stronger leg higher Key levels on the chart Upper resistance and major liquidity Strong Liquidity near the recent high A clean break would open further upside expansion FVG zone An imbalance area that price may revisit and fill before continuing Key buy zone Fibo 0 618 This is a heavy liquidity accumulation area price needs a clear reaction here to confirm buyers returning Major long term support around 4 000 A psychological and structural support level If the correction deepens this zone is likely to produce a strong reaction Weekly scenarios Steven style Scenario A Pullback into Fibo 0 618 then continuation higher This is my preferred scenario as it aligns with the D1 bullish structure Price pulls back into the 0 618 zone to absorb liquidity A clear reversal signal forms at that zone Gold then re attacks the highs and expands into the upper liquidity zone Confirmation Price must hold the 0 618 zone with a strong reaction avoiding a clean breakdown before bouncing Scenario B Deeper correction toward 4 000 before a strong rally If thin liquidity triggers a deeper sweep and a strong shakeout 4 000 becomes a logical target 4 000 is a key support and a strong reaction is expected If a clear reversal pattern forms there it could mark the week’s low and start a new bullish leg This scenario activates only if price breaks through intermediate supports and selling pressure clearly dominates Scenario C Break the highs and run If gold breaks the highs early in the week and holds above resistance I will drop the pullback bias and shift to buying on lower timeframes prioritizing entries after a retest rather than chasing Trading notes Holiday week thin liquidity Prioritize smaller size scale out profits and avoid trading in the middle of noisy ranges With gold being at the right zone matters more than being right on direction Wait for price to reach reaction areas before making decisions This is market analysis and a trading plan not financial advice