Technical analysis by Mr_Lucas_Fx_01 about Symbol PAXG: Buy recommendation (3/21/2025)

This chart displays a descending triangle pattern in the gold market (XAU/USD) on a 1-hour timeframe. The price is consolidating within a narrowing range, and a breakout is anticipated. The chart suggests a potential bullish breakout above the resistance level.Key levels:Breakout Zone: Around $3,040Take Profit 1 (TP1): $3,043Final Target: $3,050Traders should watch for confirmation of the breakout before entering long positions. If the breakout is successful, gold may reach the 3050 target level.Note: This is not a trading signal, just my personal analysis based on current market trends.