Technical analysis by GoldFxMinds about Symbol PAXG on 6/7/2025

Hey team!Hope you're all feeling sharp and focused — here’s what we’re watching this week on XAUUSD 👇Week of June 9–13, 2025📍 Bias: Bullish, but cautiously reactive at premium supply🔹 1. 🔍 Market Structure (W1)Strong impulsive BOS continuation from 3245 → current price near 3312.Weekly structure shows clean Higher Highs (HH) and Higher Lows (HL) since Q4 2023.The premium zone around 3380–3500 is now in play — it’s a weak high zone with upside liquidity targets still intact.🔹 2. 🧱 Key Weekly ZonesZone TypePrice RangeNotes🔼 Premium Supply Zone3380 – 3500Final weak high zone, imbalance + OB supply above🔽 Demand Support 13115 – 3170Recent impulsive candle origin & imbalance🔽 Demand Support 22950 – 3020Prior CHoCH base & last HL support🔽 Long-Term Demand2660 – 2720Weekly OB, deep discount zone🔹 3. 📊 EMAs ContextEMA 5 / 21 / 50 / 100 / 200: Full bullish alignment.Price is aggressively extended above all EMAs, suggesting possible retracement into the 3115–3170 zone if price fails to break above premium supply cleanly.🔹 4. 🎯 Fibonacci Swing AnalysisMain fib: 3245 (last HL) → 3395 (current swing high).50% retracement = ~3320, current price is hovering around this equilibrium.A move back to 3115–3170 = golden zone, could serve as a clean long re-entry if premium gets rejected.🔹 5. 🧠 RSI ContextWeekly RSI remains overbought, hovering near 70+.Momentum remains strong, but any failure to break the weak high may trigger a cooling phase (pullback to EMA50 or fib 61.8%).🔹 6. 🌍 Macro + Geopolitical NotesNFP released Friday (June 6): Mixed impact — job creation weak but hourly earnings slightly strong.Fed still data-dependent → CPI (next week) will be key.Gold remains sensitive to inflation + Fed rate expectations. A dovish shift or inflation spike could send price beyond 3400.📌 Weekly Scenarios🔼 Bullish ContinuationBreak above 3380–3395 → 3450–3500 target zoneNeeds impulsive close above premium with volume and no rejection wick.🔽 Retracement PlayFailure to break 3380 → pullback into 3115–3170Clean demand, imbalance, and fib confluence support re-entry.✅ GoldFxMinds Final NoteGold is now in premium pricing — either distribution begins, or we’ll witness a parabolic extension into 3450–3500.🧠 Watch reactions, not just zones. Trade confirmation.💬 Let us know how you're positioning for the week — are you buying dips or fading premium?Stay sharp,— GoldFxMinds 💡