Technical analysis by fsanalysis6 about Symbol PAXG: Buy recommendation (5/27/2025)

This chart illustrates a potential bullish setup on XAUUSD. Price has approached a clearly marked demand zone, highlighted in purple, where previous rejections have occurred (noted with LS - Liquidity Sweep). A bullish reaction is expected from the 3287/85 entry region, with the stop level defined at 3279. The target area is shown in green, projecting a favorable risk-to-reward scenario. Break of structure (BOS) confirmations on both sides suggest recent market shifts. The weekly high is noted as a potential target area for continuation if momentum builds.Buy Setup in ProgressCurrent Price: ~3295.96 (hovering near the marked entry zone 3287/85)Market Reaction: Price is testing the demand zone, showing early signs of rejection.Entry Status: Within the buy zone (Entry: 3287/85), potential trigger active.Stop Level (SL): 3279 – clearly defined just below the demand zone for risk control.Target Zone: Above 3360 – offering a strong risk-to-reward potential.Structure:Previous Break of Structure (BOS) confirms prior bearish move.Current setup anticipates a bullish reversal from the demand area.Technical Confluence: The demand zone overlaps with a previous liquidity sweep (L.S.), suggesting potential accumulation and a favorable reversal area.