Technical analysis by KechFx about Symbol PAXG: Buy recommendation (5/19/2025)

: 📊 XAUUSD Long Setup – Fair Value Gap Strategy (FVG UP) The current setup highlights a bullish scenario on XAUUSD using the Fair Value Gap (FVG) strategy. Price is approaching an FVG zone marked between 3,211 and 3,227, which acts as a potential demand zone. ✅ Entry Idea: Expecting a short-term retracement into the FVG UP zone, with a bounce near 3,227 before resuming the bullish move. 🎯 Target: 3,266 🛑 Stop Loss: 3,211 The idea aligns with smart money concepts where price tends to rebalance inefficiencies before continuing the trend. 📈 Waiting for confirmation price action in the FVG zone before entering long.