Technical analysis by Chetan_alpha about Symbol PAXG on 5/30/2025

## 📉 Gold (XAU/USD) Technical Analysis – Smart Money Structure #### ⏱ Timeframe: 15-minute #### 💱 Asset: Gold Spot (XAU/USD) #### 📊 Platform: OANDA on TradingView --- ### 🟥 **Selling Zone (\~3,312 – 3,322)** * Strong resistance/supply area where sellers dominate. * Every time price nears this zone, **sharp rejection** occurs. * Ideal for **short entries** with confirmation (watch price action around red arrows). --- ### 🟩 **Buying Zone (\~3,245 – 3,258)** * Clearly defined **demand area** where price has bounced strongly in the past. * Good area for **long entries** if price re-tests and gives bullish confirmation. --- ### 🔺 **Red Arrows = Smart Money Short Entries** * Every red arrow marks a **false breakout** or **liquidity trap**, leading to reversals. * These are areas where **retail buyers get trapped** before market reverses down. --- ### 🔻 **Green Arrows = Smart Money Long Entries** * Points where **price wicked below key levels**, grabbing stop losses (SL hunting), then bounced. * These moves typically trigger **retail stop losses** followed by institutional buys. --- ### 🔵 **Falling Channel (Blue Trendlines)** * Price is respecting this **descending channel** – lower highs and lower lows. * Expect continuation inside the channel unless there’s a breakout. --- ### ❌ **SL Hunting Areas** * Clearly marked levels where the market hunted liquidity below support. * Often these moves are done by institutions to **trigger stop losses** and fill big orders. --- ### 📌 **Strategy Insight:** > “Never buy or sell where retail traders act emotionally. Smart money hunts SLs before moving in their real direction. Trade zones, not candles.”