Technical analysis by ProfitaminFX about Symbol PAXG on 5/22/2025

Gold is currently in a range-bound phase between well-defined supply and demand zones.🔰 Current Support:The previous resistance around the developing POC (D POC) has now turned into support and price is reacting to it.📍 Main Scenario:🔻 A liquidity grab to the downside is expected first — targeting the FVG 1H and OB 4H demand zones.📈 If we get bullish confirmation and lower-timeframe triggers, long entries will be valid from those zones, aiming for upside levels like 3300+ and 3400.👀 Key Levels to Watch:Demand at 3160 (FVG)Demand at 3120 (OB 4H)These are potential springboards for the next impulsive move up.🔍 Insight by ProfitaminFXIf this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈If a 1H candle closes above the 3352 level, the probability of a bullish breakout becomes higher than the bearish scenario, and we could expect a potential move toward higher resistance zones.Hey traders,As previously mentioned, we had a breakout above the D POC resistance zone, followed by a pullback confirmation. A 1H candle closed above the 3352 level, which gave us a clear entry, resulting in around 110 pips profit.However, this bullish momentum didn’t continue. Price failed to reach the 3390 target due to weak momentum and is now pulling back. There’s a possibility of a minor liquidity grab above the local highs, but after that, we may see a drop back toward the range low at 3278, or even further down to 3250.🔸Currently, the market is dropping below the 1H range, showing weakness after failing to sustain the bullish move.🔸Be cautious with your entries, and don’t forget your risk management!🔍 Insight by ProfitaminFXIf this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈