$PAXG (Gold) is currently in a correction phase after a strong upside move 📉

Price hit resistance around 5330–5350 and faced rejection. Weak follow-through and selling pressure indicate that bears are in control, and further downside is likely if resistance holds.

Short trade setup:

Targets:

• TP1: 5275

• TP2: 5200

• TP3: 5125

• TP4: 5050

• TP5: 4990

Stop loss: 5360

The bias is bearish for Gold and Silver. Trade carefully, take partial profits at targets, and manage risk strictly while the corrective move plays out.

PAXG
PAXG
5,232.6
+0.87%

XAU
XAUUSDT
5,219.73
+0.86%

XAG
XAGUSDT
90.66
+4.42%

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