Technical analysis by Hamza_hetic about Symbol PAXG: Buy recommendation (9/1/2025)

1.Current Trend: •The market is showing a short-term bullish trend (sharp upward move before the current consolidation). •Momentum is strong, supported by high-volume bullish candles. 2.Order Block Zone: •The highlighted blue box (3,440 – 3,445 USD) acts as a demand zone. •If price retraces to this level, buyers are expected to step in, pushing price back up. 3.Price Action Projection: •The white zig-zag projection suggests a possible retracement → accumulation → breakout scenario. •Expect a pullback towards 3,455 – 3,440, with potential bounce continuation above 3,480. 4.Bullish Confirmation: •A higher low formation at or near the order block would confirm continued bullish structure. •If price holds above the order block and pushes upward, next resistance lies near 3,500 – 3,520 USD. 5.Bearish Risk: •If the order block fails (price breaks below 3,440 with volume), momentum could shift bearish, targeting 3,420 or lower.