Technical analysis by SOAM_PRO_TRADER about Symbol PAXG: Buy recommendation (3/20/2025)

XAUUSD Technical Analysis 15M This 15-minute gold chart shows a well-defined buying area around the 3,046 level, where price has shown support. A long position was likely initiated here, targeting the 3,058 level. The risk-to-reward ratio appears favorable, with stop-loss protection below the buying area. A breakout above recent highs could fuel further bullish momentum, while a break below the buying zone may invalidate the setup.If you enjoy, press the like button.