Technical analysis by ashif030 about Symbol PAXG: Buy recommendation (5/7/2025)

🟨 Key Zones:POI: Identified as the Point of Interest (POI) or a 15m demand zone.Gray Box: Likely the true demand area (origin of the impulsive move), aligned with the red support line around $3,351.898 – $3,360.000.Lower Orange Zone: Labeled as 4H and Daily Demand, a major higher timeframe support zone.🔄 Market Structure:The chart shows a clear uptrend, with higher highs and higher lows.A recent correction is underway toward the POI/demand zone.The chart anticipates a bullish bounce from the POI, targeting the $3,498.209 resistance zone (marked at the top).✅ Potential Trade Idea (Long Setup):Entry Zone: Between $3,360 – $3,351 (gray demand zone).Target: Around $3,498.Invalidation (SL): Below $3,351, or further below the demand zone, to reduce the risk of stop hunt.RR: Favorable if managed properly, roughly 1:4 or higher.