Technical analysis by TizzaBuburuzza about Symbol PAXG on 3/30/2025

TizzaBuburuzza

Bias: 📈 BullishCurrent Price: ~$3,096Context: Clean breakout from H1 range → intraday expansion phase in play.📊 1. Structure & Market PhasesPrice consolidated in a tight range (highlighted in blue) for ~1 week, between ~3,000 and ~3,049.Recent breakout above range → confirming bullish continuation.Minor HLs forming → micro structure remains clean.🧠 2. Smart Money Concepts🔲 Old OB / Demand Zone: Gray zone = area of prior breakout (ideal re-entry on pullbacks).🧊 Range high (~3,049.57) = now acting as support (flip zone).🧠 FVG might exist in the 3,060–3,080 range on lower TFs → potential internal mitigation.📌 3. Key H1 Levels🔝 Upside:🔸 3,120.14 – Major upside target (aligned with HTF)🔸 Next target levels depend on PA around psychological levels (e.g., 3,100, 3,150)🟦 Support Zones:✅ 3,049.57 – Previous range high✅ 3,000.66 – Base of accumulation block✅ 2,983–2,975 – Internal mitigation zones✅ 2,899.69 – Major invalidation point (HTF OB)📅 4. Trade Scenarios (H1 Execution Focus)✅ Scenario A: Breakout ContinuationPrice stays above 3,049–3,060 → bullish continuation likely.🎯 Target: 3,100 / 3,120 intradayLook for bullish BOS or FVG entries on pullbacks (M15/M5 timing ideal)🔁 Scenario B: Pullback into DemandRetracement back to 3,049 / 3,030 / 3,000 zone🔁 Entry on bullish reaction from prior range topGreat RR setups for continuation longs🟥 Scenario C: Deeper Reversal (Less Likely)Break below 2,975 could lead to:🔻 Deeper move into OB around 2,960 / 2,899Would shift intraday bias from bullish to neutral🧭 Summary1H is in a breakout phase – ideal moment to hunt continuation trades.Pullbacks into previous range top or base are high-probability re-entry zones.Bias remains strongly bullish unless structure below 2,975 is broken.