Technical analysis by F0rexBorex about Symbol PAXG: Buy recommendation (5/25/2025)

* **Pair**: XAUUSD* **Timeframe**: 1H (1 Hour)* **Platform**: TradingView (OANDA feed)* **Trade Type**: Long (Buy)* **Entry**: 3,318.36* **TP (Take Profit)**: \~3,419.30* **SL (Stop Loss)**: Likely in the 3,290–3,295 range (based on visual zone)---## 🔍 Trade Breakdown### ✅ **1. Pattern Recognition: Symmetrical Triangle Breakout*** The white converging trendlines form a **symmetrical triangle** — classic continuation or reversal structure.* **Breakout occurred to the upside**, triggering the long entry at 3,318.* **Volume Delta Box** just below shows accumulation, suggesting smart money positioning pre-breakout.---### 🧠 **2. Confluence Zone for Entry*** **Entry** level (3318.36) is: * **Just above 0.618 Fibonacci retracement** * Sits at the **triangle apex breakout retest** * Inside a high **delta volume node** (buyers outpaced sellers)This suggests **institutional accumulation** and a **"discounted" long entry** relative to prior range.---### 🔁 **3. Fibonacci Levels*** The chart includes multiple Fib retracement overlays: * From most recent **impulse wave down** and **overall swing*** 0.5 and 0.618 retracement zones align with: * **Rejection-to-support flip** * Breakout confirmation levels* This is a classic **smart money technique**: wait for structure break, enter on retrace to equilibrium (0.618/0.5).---### 📦 **4. Order Blocks and Imbalance Zones*** Several **red and orange blocks** highlight prior **liquidity zones**: * The large red zone below entry (around 3,295) was swept, likely inducing stop hunts → now **demand zone** * Entry avoids this volatility and lands **just above reaccumulation zone*** Also a visible **imbalance fill area** around 3,318, now tested and held — supporting bullish case.---### 🧮 **5. Risk-Reward and Positioning*** **TP** at \~3,419.30 (just below 3,435 structure high) gives **R\:R over 3:1**, possibly even 4:1.* SL is **tight under recent minor low** and under discount zone, which is key.* Clear definition of: * **Premium pricing** (target) * **Discount pricing** (entry) * Fits within a **smart money concept (SMC)** framework.---### 💡 Summary of the Method Used| Element | Technique Used | Notes || ---------------- | --------------------------- | ---------------------------------------- || **Structure** | Symmetrical Triangle | Breakout to upside confirmed || **Volume** | Delta Volume & Order Blocks | Accumulation below breakout || **Fib Tools** | Multi-layered retracements | Entry at 0.618 area, TP at Fib extension || **SMC Concepts** | Discount/Premium Zones | Entry in discount, targeting premium || **Risk-Reward** | \~3:1 to 4:1 | SL tight, TP near major structure high |---### 🟢 Professional VerdictThis trade setup is **technically sound** and based on **smart money concepts**, **volume profile**, and **price structure breakout**. It uses:* Entry at value (post-breakout retest)* Strong confluences (Fib, trendlines, volume delta)* Defined risk, clean target* Logical narrative: **accumulation → breakout → retest → expansion**If price holds above 3318 and momentum continues, the **3419–3435 zone is very reachable**.