Technical analysis by ProfitaminFX about Symbol PAXG on 6/5/2025

📍 Gold is currently trading around 3375 USD and gaining bullish momentum with the London session opening.🔸 Key Zones:🟨 Critical Resistance (Orange Zone):📍 3378 – 3384✅ Price consolidation zone – if broken with strong volume, a bullish continuation is likely.🔴 Supply Zones (FVG):1️⃣ Upper FVG 1H:📍 3386 – 33972️⃣ Main Supply Zone FVG 1H:📍 3405 – 3422🟢 Demand Zone (1H OB):📍 3345 – 3350✅ Strong buy zone after the breakout of falling wedge structure.🔵 Lower Demand FVGs:3330 – 33353315 – 33253290 – 33003260 – 3270✳️ Likely Scenario:If the orange resistance zone breaks, price is likely to rally toward the 3386 – 3397 FVG, and potentially 3405 – 3422.If price gets rejected, watch for reactions at the 3345 – 3350 OB for potential long entries.🔍 Insight by ProfitaminFXIf this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈📌 Gold (XAUUSD) – 1H Update:The market executed a classic liquidity grab above recent highs – taking out short stops and then aggressively reversing within just two candles.🔻 Price dropped sharply and is now reacting to our 1H Order Block, showing early signs of bullish rejection.Earlier, during the London session, we saw momentum build-up. If price had broken through the golden FVG zone, it could have pushed through the first resistance and potentially targeted the upper 1H OB.But now that we have a fake breakout, we’re back to watching the 1H OB reaction for possible intraday direction.