Technical analysis by elitetrader9090 about Symbol PAXG: Buy recommendation (3/31/2025)

elitetrader9090
Gold (XAU/USD) Technical Analysis

Gold (XAU/USD) Technical Analysis#### **Current Market Overview** - **Price:** $3,092 - **Support Level:** $3,087 - $3,083 - **Resistance Level:** $3,095 - $3,100 - **Trend:** Uptrend continuation, with price holding above key EMAs ---### **📈 Bullish Scenario** - If the price **breaks above $3,095 - $3,100** resistance, expect further upside movement towards **$3,110 - $3,120**. - The **rising trendline and EMA support** suggest buyers are in control. - A strong close above resistance could trigger **momentum buying** and fuel a rally. ---https://www.tradingview.com/x/QJ8wzoly/### **📉 Bearish Scenario** - A **failure to break $3,100** may lead to a pullback towards **$3,087 - $3,083** support. - If sellers push below this support zone, further downside towards **$3,076 and $3,065** is possible. - Increased selling pressure may shift sentiment, leading to a correction. ---### **Conclusion** - **Above $3,095:** Bullish continuation toward higher levels. - **Below $3,087:** Potential bearish correction before another leg up.🚀 **XAUUSD Hits 3106!** 🚀 Gold just reached **3106**, a strong bullish push! 📈💰 If you caught this move, well done! 🎉 ### **What’s Next?** ✅ **Take Some Profits:** Secure part of your gains to protect your capital. 💵🔒 ✅ **Let Some Run:** Keeping a portion open could allow for even bigger profits if the momentum holds. 📊🔥 ✅ **Final Target in Sight?** Do you have a set goal? Gold’s trend is looking strong, but risk management is key. 🎯📉Target Reached and hit 2027 huge gain now close all trades