Technical analysis by Hamza_hetic about Symbol PAXG on 8/28/2025

Gold (XAUUSD) is currently consolidating within a tight intraday range after rejecting the supply zone. Price is now positioned between two key levels, with liquidity resting on both sides. The red arrow target marks the downside objective, aligning with a sweep of the previous session’s low and liquidity grab area. The green arrow target highlights the upside objective, which coincides with an internal range high and untested supply level. At this stage, price action is neutral and waiting for confirmation. A break and close below the short-term demand would activate the bearish scenario toward the red target. A sustained break above the internal high could push price toward the green target. Traders should watch for clean 15-min candle closures outside the current range to confirm directional bias. Until then, this remains a liquidity hunt and range-bound market.1. Demand Zone Below: Price first dropped into a lower demand imbalance/volume gap (the shaded grey area). Buyers stepped in at that zone. 2. Reversal Structure: After the demand was tapped, candles started forming bullish (white/empty) bodies. Small breaks of structure upward confirmed buyers gaining control. 3. Momentum Shift: A strong push upward followed, showing buyers absorbing the supply. Volume profile (on the left) shows accumulation before the breakout. 4. Target Reached: The bullish move continued until price tagged the green arrow TARGET zone above. That fulfilled the projection.