Technical analysis by melikatrader94 about Symbol PAXG: Buy recommendation (8/21/2025)

Hello guys! Price touched the major support level at the recent low, confirming buyers’ activity. After that, a QM (Quasimodo) pattern formed, often seen before reversals. The descending trendline has been broken, showing weakness in bearish momentum and a potential shift to the upside. A long entry can be considered in the QM blue zone, which is now acting as a demand area. As long as price holds above this zone, the bias remains bullish, with potential for continuation higher.