Technical analysis by ProSignalai about Symbol PAXG: Buy recommendation (7/16/2025)

XAUUSD 1H Technical Analysis 📈 Expected Scenario: Your projection implies the following: Short-term pullback into the 3,305–3,315 demand zone. A bullish reversal from this level, supported by price structure and prior demand imbalance. Upside targets: First at 3,365 (minor supply), then extension toward 3,385–3,400. This view is technically valid, as the market seems to be collecting liquidity below intermediate lows while maintaining structural integrity. 📌 Key Zones ("Your Borders"): 🔽 Demand Zone (Support) Location: 3,305 to 3,315 Purpose: Your chart illustrates this as the primary reaccumulation zone. It aligns with a mid-structure demand zone and could serve as the launchpad for the next leg up, especially if paired with bullish order flow or volume confirmation. Below this: A deeper, stronger demand lies around 3,285–3,295 (also marked by your 0.5 level at ≈3,286.14), which may act as a final liquidity grab zone before continuation. 🔼 Supply Zones (Resistance) Lower Supply: 3,355–3,365 Upper Supply: 3,375–3,385 These zones represent potential profit-taking areas for any longs initiated at the demand. A breakout above 3,385 would suggest a continuation toward the 3,400–3,420 macro resistance.