Technical analysis by MMFlowTrading about Symbol PAXG: Buy recommendation (14 hour ago)

After the previous strong decline, gold has held firm at the channel bottom demand area and showed a clear upward reaction. Currently, the price is in a technical recovery phase, simultaneously returning to test the liquidity areas above. On the macro side, market sentiment still leans towards the expectation that the Fed will maintain a softer stance, providing support for gold during downward adjustments. Technical Structure (M30–H1) The price is moving within a short-term upward channel The 4,278 – 4,280 area plays an important demand role (structure bottom) After forming a Higher Low, the price bounced up and maintained the upward structure The areas above are liquidity + supply, need to observe price reactions Trading Plan – MMF Style Main Scenario – BUY according to structure Priority BUY area: 4,300 – 4,304 Condition: price retraces to demand area, does not break the previous bottom Targets: TP1: 4,324 TP2: 4,353 TP3: 4,363 (liquidity above) Alternative Scenario If the price does not retrace deeply but breaks and holds above 4,324, wait for a retest to BUY following the trend. Invalidation Area If the price breaks strongly below 4,278, the short-term upward structure is invalidated In that case: stay out, wait for new structure confirmation MMF Perspective The short-term trend supports BUY when the price retraces to the discount area. Do not chase orders in the premium area – patiently wait for the price to reach demand, trade according to structure instead of emotions. Daily Bias: Bullish above 4,278 – Priority to BUY pullback.