Technical analysis by Johnson67 about Symbol PAXG: Buy recommendation (5/15/2025)

1. Chart TypeThis is a candlestick chart showing price movement of gold over time.2. Annotations and Tools UsedHarmonic Patterns: The chart displays a pattern resembling a Gartley or ABCD pattern, labeled with points X, A, B, C, D.ChoCh and BOS:ChoCh = Change of Character (suggests trend shift).BOS = Break of Structure (used to identify trend continuations or reversals).FVG: Fair Value Gaps are marked, which represent potential zones of price imbalance and areas of interest for traders.Sell and Buy Zones:Red "SELL" labels at the top show where past selling positions were suggested.On the right, a Buy Entry Zone is marked in green, suggesting a potential reversal zone.Target Zone: Shown in blue-green at the top right, indicating where the price might reach if the trade idea plays out.3. Trade IdeaEntry: Around 3,110–3,115Target: Around 3,328Stop Loss (implied): Below 3,100A bullish setup is suggested: price is expected to bounce from the current zone and head upward toward the target.4. IndicatorsNo indicators like RSI or MACD are shown; analysis seems to be based purely on price action, structure, and patterns.5. General ContextThe price action is being analyzed using smart money concepts or Wyckoff-style analysis, with terms like BOS and ChoCh reflecting institutional trading behavior.around 800 pips hahah we will wait for morealmost target done check where gone gold fly again soon 1000 pips