Technical analysis by Mr_Lucas_Fx_01 about Symbol PAXG: Buy recommendation (3/27/2025)

This 1-hour Gold (XAU/USD) chart shows a successful breakout above a key resistance zone near 3040, signaling strong bullish momentum. After consolidating within a range, price has broken the descending trendline and key resistance, suggesting a potential rally toward the 3061 target. A possible retest of the breakout zone could provide a confirmation entry before the next upward move. Traders should watch for bullish continuation signals while managing risk with appropriate stop-loss levels below the breakout area.