Technical analysis by MrHenryFx about Symbol PAXG: Buy recommendation (3/14/2025)

This XAU/USD (Gold Spot) 1-hour chart illustrates a bullish breakout from a strong resistance zone, which has now turned into support. The price action is moving within an ascending channel, with a confirmed breakout above the resistance level around 2,930. The price has continued its strong upward momentum, retesting support levels along the way. Current price action suggests consolidation before a potential move toward the next targets at 2,995 and 3,003. Traders may look for pullbacks to support zones for potential long opportunities within the trend.NOTEWrite a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!HALF TARGET REACHEDCongratulation our target reached successfully