Technical analysis by FaithdrivenTrades about Symbol PAXG on 6/22/2025

FaithdrivenTrades

📍 June 20, 2025 Recap Last Friday delivered a monster move as expected—+415 pips bagged from the clean reversal off the lower wedge support. Textbook liquidity grab followed by impulsive recovery! 📊 Monday Trade Setup (June 24 Outlook) We're now hovering around a key structure with two critical outcomes in play: 🧠 Scenario 1 – Trap & Drop Price may engineer a liquidity pool above near 3370-3380, reverse from the "Reversal Zone," and target the 3360 retest zone before confirming direction. A short entry could trigger upon structure break confirmation. 🚀 Scenario 2 – Upward Momentum Should bulls overpower the trap setup, we could witness a clean break through local trendline resistance toward previous highs and beyond. Watch for bullish continuation from LQ-POOL breakout. 📌 Key Levels to Watch: Resistance: 3374–3388 (VAH + Reversal Zone) Support Zone: 3360, then 3345–3350 Volume POC: 3368.96 Sentiment Summary Volume building at resistance Breakout wedge forming Trap setup visible on LTF Smart Money likely to decide direction around 3360 📍Stay reactive, not predictive. Let Monday price action confirm the bias. #XAUUSD #GoldForecast #SmartMoney #TradeSetup #FaithDrivenTrades #MondaySetup #ForexSignals