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

📉 Gold Spot (XAU/USD) – 1H Market Structure Update🕕 Date: June 6, 2025💰 Current Price: 3,362.80🔴 Supply Zone (Resistance)🔺 3337–3343 – Price reacted from this bearish OB (Order Block). Rejection observed, marking it as a strong sell-side area. If price re-tests this, watch for liquidity grab and rejection.📌 Marked in red on chart.🟢 Demand Zone (Support)🟩 3327–3331 – Key bullish OB zone. Labeled as “Wait for Confirmation.” If price returns here, expect potential bounce setups or BOS if structure holds.📌 Marked in green on chart.📊 Scenarios to Watch:✅ Bullish Scenario:If price revisits 3327–3331, and you see a bullish CHoCH (Change of Character) or strong bullish candle with volume, consider long positions toward 3340–3348 as short-term targets.🎯 Target: 3408.21 (liquidity above previous high)❌ Bearish Scenario:If price fails to hold the green zone (3327–3331) and breaks below cleanly, expect deeper correction toward 3300–3280 levels.⚠️ Avoid longs without confirmation!📌 Tips (Smart Money Concepts):🔹 Watch for liquidity sweeps around 3337–3343.🔹 Avoid impulsive entries; wait for BOS or CHoCH.🔹 Monitor volume on rejections or confirmations.#XAUUSD #GoldAnalysis #SmartMoneyConcepts #SupplyAndDemand #PriceAction #ForexTrading #BreakOfStructure #LiquidityZone #FXFOREVER #GoldScalping #OrderBlock #CHoCH #ScalpingStrategy #IntradayForex