Technical analysis by Forexcryptowithjohn about Symbol PAXG: Buy recommendation (5/2/2025)

This XAUUSD (Gold vs USD) 2-hour chart analysis outlines a short-term swing trading plan using key supply and demand zones. Price has reacted from the Buy Zone (3197–3216) and is showing signs of bullish reversal. The target is the Sell Zone (3347–3363).✅ Trade Plan:🔽 Buy Entry:Zone: 3,197 – 3,216 USDTrigger: Bullish candle breakout above the falling trendlineConfirmation: Retest of breakout with bullish price action🎯 Targets:TP1: 3,302 (mid-range level)TP2: 3,347 (Sell Zone bottom)TP3: 3,363 (Sell Zone top)🛑 Stop Loss:Below 3,190 or latest swing low🔼 Sell Setup (optional):Zone: 3,347 – 3,363 USDLook for bearish reversal patterns (e.g., bearish engulfing, double top)Target retrace back to 3,302 or 3,260 areaTP3: 3,363 DONE like for more setups