Technical analysis by FOREXRSMV about Symbol PAXG on 9/8/2025

FOREXRSMV
XAUUSD IDEA

Trade Plan – Bullish Setup on 1H Fair Value Gap (FVG) Price is approaching a key 1-hour bullish Fair Value Gap (FVG) near 3573.39. The strategy is to wait for confirmation before entering long. ✅ Entry Criteria: Wait for a bullish Change of Character (CHoCH) on the 3M or 5M timeframe. Confirmation requires a candle body close above the CHoCH level. After confirmation, anticipate a retest of the 3M/5M CHoCH or FVG zone as an optimal entry point. 🎯 Targets: Primary Target (TP1): 3620 (partial take-profit) Final Target (TP2): 3650 🛡️ Stop Loss Placement: Conservative SL: Below the 1H FVG low (3573.39) Aggressive SL: Below the most recent 3M/5M swing low formed before CHoCH 📌 Key Levels: 1H Bullish FVG: 3573.39 Target Zone: 3620 3650 ⚖️ Risk Management & Confluence: Ensure position size fits your risk parameters ( 1–2% of account). Confirm alignment with higher timeframe bullish structure before execution.