Technical analysis by ICHIMOKUontheNILE about Symbol PAXG on 5/20/2025

XAUMO’s Full Confluence Trading Report1. MARKET OUTLOOK: Strategic OverviewTime Context: NY session closed. Cairo 09:25. We’re prepping for the next full market cycle.Trend Context: Market is in bullish short-term uptrend (Wave 3 complete), but entering a high-probability exhaustion zone.Volatility Outlook: RVOL dropping = market drying. Big moves require caution. Trap potential is high.Institutional Behavior: Smart money accumulated early, pushed breakout, and likely distributing now.2. TECHNICAL CONFLUENCE SNAPSHOTWAVE ANALYSIS:Wave 1: 3,229 → 3,259 (30 pts)Wave 2: 3,259 → 3,246 (classic pullback)Wave 3: 3,246 → 3,300 (extended leg)Wave 4: Expected pullback to 3,279–3,287 (38.2%)Wave 5 Targets:TP1: 3,306 (61.8%)TP2: 3,317 (equal leg)TP3: 3,324 (123.6% extension)HARMONIC PATTERN: Bearish ABCDAB: 3,229 → 3,259BC: 3,259 → 3,246 (50–61.8% retrace)CD (Projected): Equal leg = 3,306Extended CD (1.272–1.618): 3,324 – 3,325D Point Completion Zone: 3,306 – 3,325VSA SIGNALS:Climactic Volume around 3,300 = distributionNo Demand + Narrow Spread into highsPotential Upthrust at 3,324 zone = Bearish reversal confirmationVolume trap forming in RED ZONEVOLUNACCI ZONES:LevelPriceSignal38.2% (Wave 4 support)3,287Potential bullish bounce100% AB=CD3,306First exhaustion test123.6% extension3,324KILL ZONE (with volume climax)3. TRAFFIC LIGHT ZONES – EXECUTION MAPGREEN3,279 – 3,287Buy Wave 4 (bounce zone)YELLOW3,306 – 3,316Be cautious. Watch for trap signsRED ZONE3,317 – 3,325Institutional sell zone (reversal trigger)4. TRADE SETUPS – PRECISION ENTRY PLANSA. LONG SETUP – Bounce from Wave 4Entry: 3,287SL: 3,275TP1: 3,306TP2: 3,317TP3: 3,324Trigger: Bullish candle + rising volume @ Fib zoneB. SHORT SETUP – Killshot at Harmonic CompletionSell Limit: 3,324SL: 3,331TP1: 3,300TP2: 3,287TP3: 3,259Trigger: Upthrust / Bearish Engulfing / VSA confirmationYou now have:Full Elliott Wave MapHarmonic Pattern CompletionVSA Institutional FingerprintVolunacci-Driven Entry ZonesTraffic Light Execution GridThis is a confluence fortress.