Technical analysis by ALLEYPROFESSIONALS about Symbol PAXG: Buy recommendation (7/29/2025)

ALLEYPROFESSIONALS

🔥 GOLD (XAUUSD) 1H – Big Move Loading? | Smart Money + Clean Price Action Setup 📉📈 📆 Timeframe: 1 Hour (H1) 💰 Current Price: 3,326 💡 Strategy Type: Smart Money Concepts + Supply & Demand + CHoCH/BOS 📊 Market Structure Overview: Gold is consolidating between two key zones with clear liquidity traps and manipulation areas. Current structure suggests price is preparing for a breakout — but direction depends on upcoming reaction to the resistance levels. 🟢 Support Zones: Support 1: 3,293 (Weak Low) Support 2: 3,282 (Final Defense Zone) 📌 A break below this level may trigger heavy selling pressure. 🔴 Resistance Zones: Resistance 1: 3,345 Resistance 2: 3,377 Break above 3,395 = Bullish Target Zone opens till 3,400+ 📍 Note: Price action is currently testing lower resistance. Clean break + retest could push price toward 3,377 and beyond. Watch for CHoCH/BOS confirmations. 🚀 Bullish Scenario: If price breaks above 3345 and holds → Expect push toward 3377 → 3395 (target zone). ⚠️ Bearish Scenario: If price fails to hold above 3293 and breaks 3282 → Expect further downside with strong momentum. 🧠 Trader’s Tip: ✅ Mark liquidity zones ✅ Wait for CHoCH + volume confirmation ✅ Avoid emotional entries – follow structure 💬 Your Turn: Are you trading this GOLD setup? Bullish or Bearish bias? Comment your plan below & hit ❤️ if this was helpful!price already have breaks our given supports told you if price breaks it can further drops.