📦 [Technical analysis of XAUUSD - 15-minute timeframe]
🔲 【 Current Technical View 】
The price is currently trading at 4,176.97$, where we notice a corrective decline after bearish price gaps (Bearish FVGs) formed. The price is now moving within a local demand zone extending between 4,168$ and 4,176$, and it is temporarily attempting to bounce from it to reduce the severity of the drop.
🔲 【 Supply and Demand Areas (SMC) 】
• Supply zone and selling order block (Supply / OB): located at the top between 4,180$ - 4,188$, forming the main resistance barrier.
• Major demand zone (Demand / OB): located at the bottom between 4,140$ - 4,148$, and it is the strongest liquidity target if the current support is broken.
🔲 【 Expected Movement Scenario 】
• Bullish scenario: holding above the current support zone and breaking the bearish gap allows room to retest the Supply zone at 4,185$.
• Bearish scenario: breaking below 4,168$ will directly lead the price to draw liquidity and move toward the main lower order block at 4,145$.
💡 Tip: Monitor price action when it touches the edges to confirm a safe entry.
$PAXG
🔲 【 Current Technical View 】
The price is currently trading at 4,176.97$, where we notice a corrective decline after bearish price gaps (Bearish FVGs) formed. The price is now moving within a local demand zone extending between 4,168$ and 4,176$, and it is temporarily attempting to bounce from it to reduce the severity of the drop.
🔲 【 Supply and Demand Areas (SMC) 】
• Supply zone and selling order block (Supply / OB): located at the top between 4,180$ - 4,188$, forming the main resistance barrier.
• Major demand zone (Demand / OB): located at the bottom between 4,140$ - 4,148$, and it is the strongest liquidity target if the current support is broken.
🔲 【 Expected Movement Scenario 】
• Bullish scenario: holding above the current support zone and breaking the bearish gap allows room to retest the Supply zone at 4,185$.
• Bearish scenario: breaking below 4,168$ will directly lead the price to draw liquidity and move toward the main lower order block at 4,145$.
💡 Tip: Monitor price action when it touches the edges to confirm a safe entry.
$PAXG
