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

Hey team!Hope you’re staying sharp as we close out this NFP week. Here’s your Daily Outlook for XAUUSD — built from clean structure, supply/demand logic, and current price action.📍 Bias: Neutral → leaning bearish while inside premium rejection zone🔹 1. 🔍 Daily Structure OverviewRecent CHoCH down after failing to break above the weak high at ~3395.Price is reacting from premium supply and has now tapped a daily FVG near 3315.We're in a mid-premium rejection area, with multiple rejections from the 3350–3395 zone.🔹 2. 📐 Key Daily Zones Zone Type Price Range Notes🔼 Premium Supply Trap 3350 – 3395 Weak high, CHoCH zone, FVG, supply OB🔽 Retracement Demand 3278 – 3262 Clean OB + imbalance zone (FVG)🔽 Mid-Demand Range 3172 – 3140 Breaker block + daily wick base🔽 Deep Demand (Discount)2950 – 3020Full retracement zone from last BOS🔹 3. 📊 EMA Context (Daily)EMA 5/21 cross locked bullish — but starting to curl as momentum slows.Price is testing EMA21 from above; breakdown below it could invite further retracement.All EMAs still stacked bullish, but showing early signs of cool-off.🔹 4. 🔢 Fibonacci SwingSwing used: 3245 (swing low) → 3395 (current top)Price is now below 38.2% retracement (~3335)50% = 3320, 61.8% = 3300 → high confluence in this cluster for potential bounce or breakdown decision.🔹 5. 📉 RSI CheckRSI diverging slightly from highs → bearish divergence formingCurrently near 58 → leaves room for downside without being oversold🔹 6. 🌍 Macro Context NFP Report just released→ Mixed numbers: NFP weak, unemployment up = mildly bullish gold CPI incoming – key for inflation outlook and Fed toneMarket uncertain → risk-off flows could favor gold, but rejection from premium likely before CPI clarity⚔️ Scenarios for June 9 Start🔽 Bearish Plan (likely early-week setup)Rejection from 3335–3350 → short trigger zoneTP1 = 3278TP2 = 3172–3140 (if momentum extends)🔼 Bullish ContinuationClean reclaim of 3350 and 3395 breakout → flip into aggressive bullish continuationTarget = 3450–3500 FVG above current ATH✅ GoldFxMinds Final NoteWe’re in the heart of the premium trap — don’t buy blindly into strength. Let price show intent.⚠️ This week may be a pre-CPI fakeout zone — stay patient, let the structure guide you.📣 If you’re watching this with us — drop your thoughts in the comments. Are we heading to 3170 first or flipping 3395 clean?Let’s crush the week,— GoldFxMinds 💡