Technical analysis by Mentor_Michael03 about Symbol PAXG: Buy recommendation (8/4/2025)

📊 Technical Breakdown (Smart Money Concepts-Based): 🔹 Market Structure: Multiple Break of Structure (BOS) signals show a bullish shift in momentum, especially after the recent CHoCH followed by BOS at the current price zone. Strong bullish confirmation after reclaiming previous liquidity zones, indicating institutional interest. 🔹 Liquidity and Zones: Buy-Side Liquidity above $3,420 is likely the short-term institutional target. Price has clearly reacted from a strong support block near the $3,260–$3,280 area, confirming demand and institutional accumulation. The highlighted Bullish FVG (Fair Value Gap) aligns with a mid-level retracement zone—ideal for potential pullbacks before continuation. 🔹 Key Supply & Demand: Resistance Zone (3,420–3,450): Contains weak highs and unmitigated FVG—prime liquidity zone for a sweep. Strong Demand Zone: Around $3,260 has shown repeated reaction; the base of bullish moves. Imbalance Fill & Rejection Expected in FVG near $3,420. 🔮 Projection & Scenario: Expected pullback toward $3,340–$3,350, followed by bullish continuation. Targeting liquidity sweep at $3,420, aligned with Smart Money accumulation and distribution logic. Monitor for reaction at $3,420 for either a rejection or a clean breakout, confirming further upside. ✅ Conclusion: This setup suggests institutional buy-side pressure with targets on resting liquidity around $3,420. Smart Money is likely driving price toward that level to grab orders before the next big move.