Technical analysis by oyemyk about Symbol PAXG on 6/1/2025

Currently we can see that Gold has just invalidated a 4 hour Imbalance that aligned with several confluences that should have fueled a bullish move. This leads us to believe that the next bullish move might wait a few days, while price creates and takes necessary liquidities, while moving within the descending channel.As a result, I have highlighted urea's of interest and possible tradable levels promising up to 1,100 pips (11,000 points).Higher timeframe analysis will be released soon.