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Technical analysis by SroshMayi about Symbol PAXG: Sell recommendation (10/22/2025)

https://finbeet.com/message/3860828
SroshMayi
SroshMayi
Rank: 8
4.3

Gold Consolidates After Biggest One-Day Drop Since 2013

Message Type:Sell
Price at Publish Time:
$4,029.4
Sell،Technical،SroshMayi

GOLD | Price Slips After Tuesday’s Massive Selloff Gold remains under pressure after recording its largest one-day drop since 2013, falling more than 6% (≈ $250). Despite the steep decline, long-term fundamentals such as central-bank demand and geopolitical uncertainty continue to provide underlying support. For now, the metal is consolidating between $4,011 and $4,056, awaiting a decisive breakout. A 15-minute close below $4,011 would confirm continuation toward $3,979 → $3,945 → $3,894. A close above $4,057–$4,074 would trigger a bullish reversal, targeting $4,101 → $4,162. Pivot Line: 4,011 Support: 3,979 · 3,945 · 3,894 Resistance: 4,056 · 4,075 · 4,101 previous idea:

Source Message: TradingView