Technical analysis by FrankAgbo about Symbol PAXG: Buy recommendation (11/17/2025)

Gold (XAUUSD) has finally tapped into the key demand zone between $4,000 – $4,020, a level that previously acted as a strong reaction point. This zone has now been respected again with a clean liquidity grab below recent lows. 🔍 Market Breakdown Price has been in a steady decline after rejecting the supply zone around $4,130 – $4,150 (highlighted red). Today, we saw a sharp wick down into the green demand zone, showing buyer presence and absorption of sell-side liquidity. FOMC and USD news lined up ahead increases volatility, but also increases the probability of a strong reversal from this zone. 📌 My Bias I’m expecting: 1️⃣ A small corrective dip or retest back into the green zone 2️⃣ A strong bullish rally targeting the supply zone above 3️⃣ Final target around $4,130 – $4,150 if momentum holds 🎯 Buy Targets Entry Zone: 4000 – 4020 TP1: 4075 TP2: 4130 (Main Target) TP3: 4150 (Extended) SL: Below 3985 ⚠️ Why This Setup Makes Sense Price swept liquidity beneath the previous lows Buyers responded strongly from the demand zone USD weakness expected around major news events Clean imbalance above waiting to be filled Strong bullish structure still intact on higher timeframes 💬 Engagement Question Do you think Gold will respect this demand zone and push upward, or will news drag it lower? Drop your opinion in the comments!👇🔥 If you want me to break down the next move after the news release, just comment “Update” and I’ll post a follow-up. 📈💬