Technical analysis by FXFOREVER_87 about Symbol PAXG on 5/13/2025

📊 Gold (XAU/USD) Price Action Update – May 13, 2025🔹Current Price: 3,255.18🔹Timeframe: 15M📌 Key Zones:🔴 Supply: 3260–3262 (recent rejection visible)🟢 Demand: 3235–3237 (aligned with 0.5–0.618 Fibonacci zone)📉 Retracement Watch (Fibonacci Levels):0.382 ➡️ 3243.650.5 ➡️ 3238.360.618 ➡️ 3233.07These levels align closely with structural demand zones.⚡️ Scenario 1 – Bullish Retest:If price pulls back into 3235–3237 (0.5 fib) and shows bullish reaction on 5M/15M, a bounce back toward 3260+ is likely.⚠️ Scenario 2 – Break Below 3233:Closing below 3233 may invalidate the fib zone and target 3222 demand area again.🔍 FXFOREVER Insight:✅ Perfect confluence of fib + demand✅ Watch price behavior around 3235✅ Entry trigger: Bullish engulfing or FVG fill on lower TF#XAUUSD #GoldAnalysis #FXFOREVER #PriceAction #FibRetracement #SmartMoneyZones #SupplyAndDemand #ScalpSetup #SniperEntry