Technical analysis by fsanalysis6 about Symbol PAXG: Buy recommendation (6/17/2025)

This XAUUSD setup highlights a potential bullish reversal after a liquidity sweep near the demand zone. Price has shown signs of accumulation with a structure shift and break of short-term bearish order blocks. A key reaction is anticipated from the marked blue demand area, targeting a move toward the inefficient price zones above. The target aligns with the previous supply region and a weak high, suggesting strong upside potential. Confirmation awaited on lower timeframe bullish intent to enter.**Chart Status:**Setup Active – Price nearing demand zone. Awaiting bullish confirmation for entry. Targeting premium zone around 3439.🔄 Setup Active – Price is approaching the key demand zone.📉 Current Phase: Market in a retracement after bearish BOS (Break of Structure).📍 Key Zone: Buy zone marked in blue (potential reaction area).📈 Expectation: Bullish reversal toward the red supply zone, targeting around 3439.🛑 Invalidation Level: Below the lower demand zone (around 3332), setup becomes invalid.➡️ Waiting for bullish confirmation (e.g., bullish engulfing, BOS, or CHoCH) to enter long.