Technical analysis by HoneySpotTrading about Symbol PAXG: Buy recommendation (11/9/2025)

XAUUSD – Bullish Structure Forming Above Support | Liquidity Targets Ahead 📌 DESCRIPTION: By analyzing Gold (XAUUSD) on the 1-hour timeframe, we observe a bullish market structure developing after tapping into sell-side liquidity near $3,950 – $3,915. Price created Equal Lows (EQL) followed by a higher-low structure, indicating demand stepping in. The recent CHoCH → BOS confirms buyers gaining control, with price currently holding above the key $3,991 support zone. As long as this level remains protected, we expect liquidity engineering targeting upside levels. 🎯 Bullish Targets: $4,050 → First liquidity zone (Buy-Side Liquidity sweep risk) $4,084 → Major imbalance fill + next key liquidity pool 📌 Trading Expectations: A short-term corrective pullback can retest demand at $3,991 – $3,980 If price maintains structure, continuation toward upside liquidity is favored Clean break above $4,050 opens a path to $4,084 and higher ⚠️ Invalidation: A sustained break below $3,978 – $3,950 may shift momentum back to sellers targeting $3,915 / $3,887 ✔️ Overall sentiment: Bullish continuation as long as support holds 📍Strategy favors buy-the-dip entries into demand zone