Technical analysis by Hassan_fx about Symbol PAXG: Buy recommendation (8/18/2025)

Hassan_fx
Gold Longs from 3,300 (11hr demand zone)

Weekly Gold Analysis For this week, I’m watching for short-term sell opportunities down into the 12H demand zone. At the moment, price is showing momentum to the downside, so we could see a setup form in the 12H supply zone before continuation. However, my main focus remains aligned with the long-term trend, which suggests a potential rally forming from the 11H demand zone. I’ve also noted a trendline forming above current price — meaning the reaction from the 12H demand zone could play out sooner than expected. That said, given the imbalance below, price may first need to mitigate a supply zone before breaking structure further to the downside. Confluences for Gold Longs: - Higher timeframe structure remains bullish overall. - Significant upside liquidity still needs to be taken. - An 11H demand zone remains unmitigated. - For price to continue higher, a retracement is necessary. - DXY analysis aligns with this bullish outlook. P.S. Pro-trend trades take priority — but if a sell setup forms, I’ll approach with caution, lower risk allocation, and tighter TP targets.