$PAXG – Gold-Backed, But Losing Its Shine? 📉
PAXG slid from $3,359.00 to $3,337.51, hovering just above key support. MAs signal mild bearish pressure — gold may be cooling down.
📉 SHORT Setup
🎯 Entry: $3,337.50
📌 TP1: $3,328.00
📌 TP2: $3,318.00
📌 TP3: $3,305.00
🛡 SL: $3,350.00
📊 MA(7) < MA(25) < MA(99) — bearish alignment. Weak volume suggests hesitation before a possible breakdown.