Technical analysis by FXFOREVER_87 about Symbol PAXG: Buy recommendation (6/5/2025)

FXFOREVER_87

📊 XAU/USD Update – June 5, 2025🕒 Timeframe: 1H📍 Current Price: $3,375.36📌 Key Demand Zone:🟩 3321–3331 – Strong reaction zone; market structure respected this level multiple times📢 Note: Marked as "Wait for Confirmation" – indicating a smart money interest area but no impulsive move yet📈 Market Behavior:Price dipped into the 3321–3331 zone, grabbed liquidity, and now consolidating above it. A range is forming, which may lead to a breakout.🔎 Scenario Outlook:✅ Bullish Bias: As long as price stays above 3331, we can expect a move toward 3385–3400🚨 Bearish Shift: Clean break below 3320 would open up downside toward 3285 zone🎯 High-Probability Setup: Wait for bullish confirmation on 15M–30M (e.g. bullish engulfing, BOS, or LQ sweep with strong reaction)🎯 FXFOREVER Tip:📍 This is a classic Smart Money “Reaccumulation” zone.Let price show its hand before entering. Reaction from this zone could fuel the next leg higher.#XAUUSD #SmartMoney #ForexForecast #DemandZone #FXFOREVER #GoldAnalysis #StructureTrader