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

Technical Breakdown on Gold Spot / USD (XAU/USD) – 1H Timeframe Using Volume Profile, Gann, and CVD + ADX 1. Key Observations (Volume, Gann & CVD + ADX Focused) a) Volume Profile Insights: Value Area High (VAH): 3,360.00 Value Area Low (VAL): 3,220.00 Point of Control (POC): 3,234.30 (current session), 3,382.79 (previous session) High-volume nodes: 3,255 – 3,275 range shows emerging absorption Low-volume gaps: 3,280 – 3,300 and 3,340 – 3,360 indicate potential resistance zones b) Liquidity Zones: Clustered Stops: Around 3,300 (swing high), 3,220 (recent swing low) Absorption Zones: POC zone at 3,234.3 with heavy CVD divergence and bounce c) Volume-Based Swing Highs/Lows: Swing High: 3,382.79 – confirmed rejection with strong volume and price reversal Swing Low: 3,234.30 – high-volume absorption, currently acting as support d) CVD + ADX Indicator Analysis: Trend Direction: Currently range-bound with minor bullish divergence forming ADX Strength: ADX ≈ 18 – weak trend, choppy conditions CVD Confirmation: Recent rising CVD despite flat price = hidden demand Past falling CVD + bearish move to 3,234.3 = strong supply area confirmed 2. Support & Resistance Levels a) Volume-Based Levels: Support: 3,234.30 (POC) 3,220.00 (VAL and swing low) Resistance: 3,275.00 (minor rejection zone) 3,300.00 (psychological + structure) 3,360.00 (VAH) b) Gann-Based Levels: Confirmed Gann Swing Low: 3,234.30 Retracement Levels from 3,382.79 High: 1/2: 3,308.55 2/3: 3,316.86 3. Chart Patterns & Market Structure a) Trend: Currently range-bound, transitioning with a potential bullish breakout bias b) Notable Patterns: Emerging ascending wedge/channel forming in recent candles Prior double-bottom near 3,234 with bullish CVD divergence Testing lower trendline (accumulation possibility) 4. Trade Setup & Risk Management a) Bullish Entry (If CVD + ADX confirm uptrend): Entry Zone: 3,240 – 3,250 Targets: T1: 3,275 T2: 3,308 Stop-Loss (SL): 3,220 RR: Minimum 1:2 b) Bearish Entry (If CVD + ADX confirm downtrend): Entry Zone: 3,300 – 3,308 (near wedge resistance) Target: T1: 3,234 Stop-Loss (SL): 3,360 RR: Minimum 1:2 c) Position Sizing: Risk only 1-2% of capital per trade. Calculate position size based on SL distance and capital base.