Technical analysis by melikatrader94 about Symbol PAXG: Buy recommendation (5/10/2025)

Hello guys!What I see:QML in Lower Time Frame:Price is currently testing a QML zone from a lower timeframe (marked in light blue).This area aligns with a significant reaction point, suggesting institutional interest.QML in Higher Time Frame:Below this lies a higher timeframe QML, acting as a secondary support.This adds confluence for a potential strong bullish rejection if the price dips further.Engulfed Level:A previously engulfed resistance level has been marked, showing where sellers lost control.Price returning toward this area with reduced momentum indicates possible accumulation.Targets Identified:Multiple target levels are projected with an ascending structure.These align with liquidity pools above recent highs, suggesting buy-side liquidity engineering.Market Structure:Current price behavior suggests the formation of higher lows and potential bullish continuation.A corrective move into the QML zone could spark a strong impulsive leg upward.