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Technical analysis by KTechnicalLevels about Symbol PAXG on 7/3/2025

https://sahmeto.com/message/3611947
KTechnicalLevels
KTechnicalLevels
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📊 **#XAUUSD H4 – Higher Time Frame Analysis** 🕵️‍♂️🔍 We drew a **Fibonacci retracement** from **June’s high (3451)** to **low (3246)**, and the **Golden Fibo level (0.618)** comes out to be around **3367**.🎯 That’s **exactly why** we kept a **safer target at 3366** in our **yesterday’s H1 buy setup** – and it worked perfectly!✅ Price made a high of **3365.95** before facing solid rejection from that zone.📉 This area was critical because:* It was a **Golden Fibo zone** ✨* There was also a **visible price gap** on the chart ⚠️🔄 **Current Price Action**:After forming the day’s low, **price is now attempting to recover**. Let’s watch the H4 candle closely. 🕰️---📌 **Two Possible Scenarios from Here:**1️⃣ **Bullish Breakout**➡️ If H4 candle **closes bullish above 3361**, we may witness a **deeper mitigation** of the **supply zone at 3367–3389**. 🚀2️⃣ **Bearish Breakdown**⬇️ If H4 candle **closes bearish below 3334**, then we may revisit the **3300 zone**.📍 Below 3300, **3289–3276** becomes a potential **buy zone**, **if** price shows **rejection signals**. 💰---📌 **Stay sharp, follow structure, and let price action guide you.** 🧠💡🛑 No rush, just execution with precision.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,351.86
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