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Technical analysis by FXFOREVER_87 about Symbol PAXG on 5/16/2025

https://sahmeto.com/message/3516196
FXFOREVER_87
FXFOREVER_87
Rank: 1017
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📊 XAU/USD Price Action Update – May 16, 2025🔹Current Price: 3,225.12🔹Timeframe: 15M📌 Key Supply Zone:🔴 H4 F++++++ Zone – Strong selling area triggered a sharp drop from the highs; price now retesting lower supply at 3,228–3,231.📌 Key Demand Zones:🟢 3187–3192 – Target demand zone; potential bounce area marked by prior accumulation🟢 3168–3172 – Deeper demand; high-probability reversal zone if price extends lower⚡️Bearish Play in Progress:Price rejected cleanly from H4 supply and is forming a lower high. If 3,228 fails to break, continuation toward 3190s is likely.🔍 FXFOREVER Insight:✅ Lower timeframe structure shifting bearish✅ Watch for M15 confirmation below 3,222 for short entries✅ Monitor price behavior at 3187–3192 zone for reaction/bounce setups#XAUUSD #GoldAnalysis #SmartMoney #SupplyDemandZones #FXFOREVER #PriceAction #ScalpingSetups

Translated from: English
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Signal Type: Neutral
Time Frame:
15 minutes
Price at Publish Time:
$3,235.32
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