Technical analysis by Moriss365 about Symbol PAXG: Buy recommendation (1/4/2026)

Market Structure Overall structure: Higher highs & higher lows → bullish market structure Price previously moved in an ascending channel, then corrected but did not break structure Current move is a pullback within an uptrend, not a reversal (yet) 🟩 Demand Zone (Key Support) Demand zone: ~4,270 – 4,302 This zone previously caused: Strong impulsive bullish moves Clear rejection wicks → institutional buying interest Price is reacting from this zone again, which supports a bullish continuation bias 👉 As long as price holds above 4,270, buyers remain in control. 🟥 Resistance / Target Zone Major resistance: ~4,369 – 4,370 This level: Acted as a previous high Is a logical take-profit / liquidity target If broken with strong candles, continuation toward 4,400+ becomes likely 📈 Trade Bias Primary bias: BULLISH Expected scenario: Price consolidates or slightly dips near demand Buyers step in Impulsive move toward 4,370 resistance ⚠️ Invalidation Bullish setup becomes invalid if: 1H close below 4,270 Demand zone fails → opens downside toward 4,240 🧠 Summary ✅ Trend: Bullish ✅ Structure: Healthy pullback ✅ Zone reaction: Strong 🎯 Target: 4,370 ❌ Invalidation: Below 4,270target hit guys 400pips enjoy your orofit