Technical analysis by Mr_Lucas_Fx_01 about Symbol PAXG: Buy recommendation (3/28/2025)

This 1-hour chart of Gold Spot (XAU/USD) illustrates a breakout above a key resistance zone around $3,060, previously acting as a strong barrier. The breakout is highlighted in yellow, indicating a bullish move. The price is now trading above this level, with a projected target of $3,090. The chart suggests a potential retracement before continuing higher, confirming support at the breakout zone. Traders may look for buying opportunities on pullbacks, anticipating further bullish momentum.Note: This is not a trading signal, just my personal analysis based on current market trends.