Technical analysis by ElaraQuinn about Symbol PAXG on 11/8/2025

Price never moves randomly. Every rise or fall is the result of large capital, planned movements and liquidity provided by small traders. Smart Money Concept (SMC) is not a trend forecasting tool; Reading money flow is the art of understanding the logic and market psychology behind price movements. You may think that you are protecting your capital when you place a stop-loss, but in fact you are providing fuel for Smart Money to accumulate and expand positions, your orders become an opportunity to move the market. Market Algorithm – 3 Basic Steps 1. BoS – Break of Structure When the current trend loses its strength, the price breaks the bottoms in a rising trend and the tops in a falling trend. This indicates that small traders are weakened and the liquidity needed for the next step becomes available. Smart Money uses this breakout to collect stop-loss and pending orders, preparing for accumulation. 2. ChoCh – Change of Character After BoS, the market changes control: selling force decreases, buyers appear. Although this movement is not large, it signals a fundamental change in the flow of money. During this period, unnoticed by most traders, Smart Money secretly accumulates positions and prepares to explode. Order Flow, volume and hidden limit orders provide invaluable signals as to where money is waiting to flow. 3. Order Block – Remaining Order Areas of Smart Money Order Blocks are price areas where Smart Money is strongly involved but does not fully release its positions. The price often retests this area before the trend continues. Seeing the Order Block means reading the liquidity map and understanding where Smart Money wants to expand or distribute positions. At this point the price reacts strongly, but small traders often do not recognize the opportunity or enter positions in the wrong direction. Market Psychology – The Power of Smart Money Smart Money doesn't follow emotions; uses community psychology: Fear: Traders exit early, providing cheap liquidity. Greed: Traders enter with FOMO, false tops form and distribution occurs. Hope: Traders hold the position when the price reverses and find a return opportunity according to the Smart Money plan. Two Views of the Market – Community vs Smart Money Normal trader: "The market is falling, should I sell or wait?" Smart Money: "The market has accumulated sufficient liquidity, stop-loss and limit orders have been triggered. This is the best time to collect." Conclusion – Learn to Act with Smart Money To understand the Smart Money Concept is to understand the algorithm behind every price movement. When you learn BoS, ChoCh and Order Block, you become someone who moves with the big money flow, not just following the market; You know when to enter and when to wait. Test yourself: When you see a bearish candle, do you notice that Smart Money is quietly collecting, or are you still reacting to community sentiment?