Technical analysis by Artiverma256 about Symbol PAXG on 3/18/2025

4-hour XAU/USD (Gold vs US Dollar) ,Chart Details:• Current Price: $3,037.755• Channel Formation: Price is moving within a bullish channel, with upper and lower trendlines acting as resistance and support.• Expected Movement: The chart suggests a zigzag pattern within the channel, potentially reaching the $3,125 - $3,150 resistance zone.• Breakout Zone: The highlighted $3,100 - $3,150 area acts as a resistance level, where the price may either break out or get rejected.• Support Levels: The lower trendline of the channel serves as a support area in case of a pullback.Trading Perspective:• If the price stays within the channel, it presents a buying opportunity.• A breakout above $3,150 could indicate further upside potential.• If the channel breaks downward, a correction or downtrend might follow.This is a technical analysis, and further confirmation is necessary before making any trading decisions.