Technical analysis by Med_In_Trade about Symbol PAXG: Buy recommendation (1/2/2025)

Price has been bullish throughout the day, reflecting strong momentum, driven by post-holiday liquidity and market participants returning. New York session opens in 1 hour, hopefully introducing volatility and liquidity for continuation or reversals, enough to catch a BIG move!! Scenario 1: Bullish Continuation from Current Levels Price holds above the yellow mid-level and breaks the recent high. Confirmation: A bullish MSS or CHoCH near the mid-level or current consolidation. Target: Higher liquidity zones beyond the current high. Scenario 2: Bearish Pullback to the Blue Support Zone Price rejects the yellow mid-level and breaks structure downward. Confirmation: A retest of an FVG/OB below the mid-level. Target: Blue support zone for potential reversal or continuation. Scenario 3: Bullish Reversal from the Blue Support Zone Price dips into the blue support zone, sweeps liquidity, and reverses bullish. Confirmation: A bullish CHoCH or MSS after the liquidity sweep. Target: Retest of the yellow mid-level and beyond. Scenario 4: Bearish Breakdown Price breaks below the blue support zone, invalidating bullish bias. Confirmation: A retest of the blue zone as resistance. Target: Lower liquidity zones below the chart. Happy New Year and Trade safe!!Bonus scenario as the market as infinite options. Considering it, it would align very well with NYSE behaviour, let's watch!! Scenario 5: tradingview.com/symbols/XAUUSD/minds/?mind=oEAiU1G5TH2IHT0fMVoVKg&exchange=OANDAScenario 1 it was!!