Technical analysis by MrMartin_11 about Symbol PAXG: Sell recommendation (12/23/2025)

Gold has been moving inside a rising parallel channel, showing a strong bullish trend in recent sessions. Price rallied aggressively from the lower consolidation zone and pushed toward the upper boundary of the channel, where sellers became active. This rejection suggests the market may enter a corrective or bearish phase rather than continuing upward immediately as long as price stays below the upper trendline, upside momentum is limited. If price fails to reclaim the mid-channel area, further downside beyond 4,420 – 4,390, which acts as an intermediate support a clear break below this zone as long as price remains below the upper trendline, bearish pullbacks remain favoured. You may find more details in the chart, Trade wisely best of Luck Buddies. Ps; Support with like and comments for better analysis thanks for supporting.