Technical analysis by DaXmuz about Symbol PAXG on 3/12/2025

1.Imbalance and Order Block•The chart shows the use of the “Imbalance Finder Dynamic,” which helps identify price imbalances.•The blue zone at the top acts as an order block or a premium OTE (Optimal Trade Entry) for selling opportunities.•The yellow zone at the bottom serves as a mitigation of imbalance or a demand zone, where price might bounce back.2.Structure Break & BOS (Break of Structure)•There are multiple BOS (Break of Structure) signals, indicating a shift in market direction.•The structure suggests that the market is in a retracement phase after a previous decline.•If the price fails to break above the blue zone and shows signs of weakness (rejection wick or bearish engulfing), this could be a potential sell setup.3.Trading Strategy•Sell Idea: If the price enters the blue zone (OTE) and forms a reversal signal, consider looking for a short setup with a target around 2,880.•Buy Idea: If the price fails to break below 2,880 and forms strong support, this could be a buy opportunity towards the next resistance level.4.Fundamental & News Considerations•Keep an eye on USD-related news and gold fundamentals, as they can significantly impact price movements.