📊 Gold (XAU/USD) Technical Analysis$PAXG
The 3609 level is acting as a key resistance. Price tested this zone twice, showing strong selling pressure. After the second rejection, the market confirmed a breakdown, increasing bearish momentum.
🔹 Key Resistance: 3609 🔹 Bias: Bearish below 3609 🔹 Watch for retests before entering new trades. 🔹 Risk management is always essential—never trade without a stop loss.
This analysis is for educational purposes only and is not financial advice.
#GOLD #XAUUSD #Forex #Trading #TechnicalAnalysis #PriceAction #SupportAndResistance $PAXG
The 3609 level is acting as a key resistance. Price tested this zone twice, showing strong selling pressure. After the second rejection, the market confirmed a breakdown, increasing bearish momentum.
🔹 Key Resistance: 3609 🔹 Bias: Bearish below 3609 🔹 Watch for retests before entering new trades. 🔹 Risk management is always essential—never trade without a stop loss.
This analysis is for educational purposes only and is not financial advice.
#GOLD #XAUUSD #Forex #Trading #TechnicalAnalysis #PriceAction #SupportAndResistance $PAXG