Technical analysis by King_BennyBag about Symbol PAXG: Buy recommendation (7/3/2025)

🔎 STRUCTURE & TECHNICAL ELEMENTS1. Pattern:A falling wedge was formed and broken cleanly to the upside → bullish reversal structure.Breakout was followed by a successful retest at prior structure lows (marked “Clear Breakout and Retest”).2. Fair Value Gap (FVG 1D) Zone:Currently being tested. This zone coincides with:Minor support from prior consolidationFib retracement (0.5 level)Potential demand area (watch for bullish reaction/candle structure here)3. Volume Profile:3,350 = POC (Point of Control) → heavy resistance.3,300 = Secondary HVN → strong support below current price.Low-volume nodes just under current price → if broken, price likely accelerates into the GP zone.4. Fibonacci & Liquidity Confluence:Golden Pocket (3287) just below 3,300 = ideal liquidity draw if FVG fails.Target 1 / 2 / 3 above are Fibonacci-based projections + historical swing zones.✅ SCENARIO 1: Bullish Case – FVG HoldsIf price respects the FVG 1D zone, expect:Continuation up toward Target One (~3,430)Extension to Target Two (~3,470) and even Target Three (~3,540+) possibleConfirmation: Bullish engulfing / high-volume bounce / sweep of intraday lows without close below FVGBias: Bullish continuation as long as price holds above FVG/0.5 Fib🚨 SCENARIO 2: Bearish Case – FVG Breaks DownIf price closes below FVG zone, particularly below 3,312:High probability drop toward 3,300 (psych level)Liquidity sweep and deeper correction into Golden Pocket (~3,287) likelyThis area can act as a high-probability long re-entry zoneBias: Short-term bearish if close below FVG + swing structure invalidation⚖️ REFINED SUMMARYPrice rejects off FVG - we can expect target 1 and 2 tagged. Price breaks & closes below FVG zone - we can expect it to drop/wick to 3,300