Technical analysis by Hassan_fx about Symbol PAXG: Buy recommendation (2/15/2025)

I anticipate that gold will continue rising from the current price level around 2,880, targeting the relative equal highs above. Once price sweeps this liquidity, it will establish a new all-time high (ATH).However, if price starts to accumulate and slow down, we could see a deeper mitigation, possibly into the 7-hour demand zone or even the 6-hour demand zone below. This would set the stage for a larger move to the upside.Confluences for XAU/USD Buys:- Price has broken structure to the upside and remains in a strong bullish trend.- Relative equal highs above provide a liquidity target for price.- Price is currently sitting in a 4-hour demand zone, with additional key demand areas nearby.- Gold continues to rally, supported by ongoing geopolitical tensions.P.S. If price reaches the 6-hour supply zone and starts forming a Wyckoff distribution on the lower time frames, we may see a potential downside move from that point of interest (POI).