Technical analysis by F0rexBorex about Symbol PAXG on 5/25/2025

### 🧭 **Chart Overview*** **Timeframe**: 1H (1 Hour)* **Platform**: TradingView (OANDA feed)* **Indicators**: * **Moving Averages** (likely EMA or SMA, 5/10/20/50/100/200) * **MACD** * **RSI*** **Buy Zones (Green Lines)**: Upper areas* **Sell Zones (Red Lines)**: Lower areas* **Price at time of analysis**: \~\$3,364---### 🔍 **Technical Indicator Analysis**#### 📉 **MACD*** **Current Status**: Bullish momentum present.* MACD line is above signal line, showing upward pressure.* Histogram is slightly weakening, signaling **momentum may be slowing**, but no bearish crossover yet.#### 📊 **RSI*** RSI \~66–70, approaching overbought territory.* Indicates **strong bullish strength**, but **potential for short-term pullback**.#### 📈 **Moving Averages*** Price is above all key MAs (short to long-term).* **MA stack is aligned bullishly** (short above long), indicating trend continuation bias.* Especially price above 200MA — strong bullish confirmation.---### 🧱 **Key Technical Zones**#### 🔼 **Buy Zones (Green Lines)*** Ranging from **\~3367 to \~3501**.* Current price is testing **3367** — a key **resistance-turned-potential-entry**.* If price breaks and closes above **3367**, watch for: * **3410**, **3445**, and **3480–3501** targets. * Strong momentum continuation with little resistance above.#### 🔽 **Sell Zones (Red Lines)*** Stacked from **\~3360 down to 3188**.* Minor intraday support forming at **3340–3324** (watch these for scalping/pullbacks).* Breakdown below **3320** could initiate deeper pullback to: * **3280**, **3240**, **3218**, then **3188**.---### 📌 **Current Market Structure*** **Higher Highs and Higher Lows** forming since \~May 13th.* Uptrend confirmed on H1.* Price respected trendline support around **May 15–20**.* MACD + RSI + MA alignment all confirm bullish bias.---### 🧠 **My 20-Year Trader Insight**#### 🟢 **Buy Bias IF**:* Clean break and retest of **3367**, then ride to **3410 → 3445**.* Scalpers could nibble at **3340–3320** dips if RSI cools.#### 🔴 **Sell Setup ONLY IF**:* Strong bearish divergence shows on RSI + MACD crossover.* Breakdown below **3320** confirms shift in short-term sentiment.* Use **3367** as invalidation for shorts — don’t fight momentum unnecessarily.---### 🔁 **Trade Plan Suggestion**| Strategy | Entry | SL | TP || ---------------- | ---------------------------- | ---------- | --------------------------- || 🔼 Buy Breakout | 3370 (confirmed close above) | 3340 | 3410 → 3445 || 🔄 Buy Pullback | 3324–3340 zone | Below 3300 | 3360 → 3370 || 🔽 Sell Reversal | Below 3320 | 3367 | 3280 → 3240 (partial), 3218 |---### ⚠️ Final Thoughts* **Trend is bullish**, but nearing exhaustion short-term.* Wait for **confirmation** at 3367 breakout OR healthy pullback to reload long.* Avoid premature shorting unless multiple bearish confirmations appear.