Technical analysis by FaithdrivenTrades about Symbol PAXG on 3/24/2025

Today’s XAUUSD trade played out beautifully from a key supply zone around the 3047 level, where price showed a clear shift in structure (CHoCH) on the 15-minute chart. After confirming the bearish intent with multiple breaks of structure, I entered a sell position targeting intraday imbalances. The first TP was hit for 70 pips, and the second trade yielded a 120 pip profit, despite a previous SL hit of 50 pips. Overall, price respected the trendline and internal order blocks well, confirming the bearish bias and delivering a solid risk-to-reward outcome for the session.