Technical analysis by ProfitaminFX about Symbol PAXG on 6/2/2025

Gold is currently reacting to key resistance zones, and we are watching for signs of either rejection or breakout.🔴 1H FVG Resistance Zones:3408 – 34253386 – 3400If price fails to break through these levels with momentum, we may see a downward move toward lower demand areas.🔵 1H FVG Support Zones:3323 – 33363276 – 32903242 – 32563152 – 3166🟢 4H Order Block Support:3100 – 3130🟢 Daily POC (Developing POC):3185 – 3200📍 If price shows weakness here, we expect a retracement to the mentioned FVG or OB zones.📍 At those levels, with the right confirmation (candle pattern or personal trigger), we’ll look for buy opportunities.Your ideas?📍 We took a short position on gold (XAUUSD) at 3374 on the 3-minute chart with a 1:2 risk to reward, which successfully hit the target.⏳ Now, we are waiting for the price to reach the next resistance zone at 3382 – 3385.If we see bearish confirmation or price action signals, we’ll consider entering another short position.‼️ Do NOT enter without a valid confirmation.This could be a candlestick pattern, structure break, or your own custom trigger.📌 Key Resistance Zone:3382 – 3385📌 Entry Confirmation: 3M timeframe