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Technical analysis by TradingShot about Symbol PAXG: Sell recommendation (12/22/2025)

https://sahmeto.com/message/4006958
TradingShot
TradingShot
Rank: 1040
2.4

XAUUSD made new ATH! Time to short it?

Sell
Price at Publish Time:
$4,434.17
Sell،Technical،TradingShot

Gold (XAUUSD) made new All Time Highs (ATH) today, rising consistently within a Channel Up pattern since the November 18 Low. On the short-term, a Sell Signal has emerged as not only is the price near the top (Higher Highs trend-line) of the pattern, but also the 1H RSI hit the 83.00 Resistance. The latter has been the point where the price topped on the previous two Higher Highs and pulled-back by -2.30% both times. As a result, we expect the Channel Up to initiate a similar Bearish Leg, targeting 4330 (-2.30%). --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Source Message: TradingView
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