Technical analysis by alibfx about Symbol PAXG: Buy recommendation (4/8/2025)

Gold (XAU/USD) bounced off support at $2,971 and is now testing the $3,009 pivot. Price remains capped below the 50 EMA at $3,058. A break above this level could trigger a push toward $3,100 and $3,137. Failure to hold above $3,009 puts $2,941 back in focus. RSI is recovering but remains under 50, suggesting momentum is still fragile. Watch for a decisive move above $3,058 or a close below $2,971 for short-term direction.📉 Summary: Potential buy above $3,058, sell pressure likely below $2,971.