$PAXG just delivered a clean expansion leg — structure stays bullish while this base holds
PAXG exploded out of the ₹5,290–₹5,320 accumulation zone, printing a strong impulsive rally straight into ₹5,650.86 with little resistance. This was a decisive momentum expansion, not slow grinding — buyers stepped in aggressively and forced price discovery higher.
After tagging the high, price is now consolidating around ₹5,540–₹5,570, holding well above the impulse origin. The pullback remains shallow and controlled, showing healthy digestion rather than distribution.
Key zones that matter now: • Impulse base: ₹5,290 – ₹5,320
• Liquidity high: ₹5,650.86
• Current holding zone: ₹5,540 – ₹5,570
• Failure level: Below ₹5,480
As long as PAXG holds above the impulse base, this move can transition from expansion into continuation.
A breakdown below support would signal a deeper mean reversion, but for now, bullish structure remains intact.
Trade #PAXG here
