Technical analysis by ForexWizard01 about Symbol PAXG: Buy recommendation (4/14/2025)

XAUUSD 1h price hit key level with more than 1.6ATR which is first sign of false breakdown. Followed by another strong bullish rejection with cross of 20EMA closed as bullish engulfing pattern signaling potential trend continuation to the major direction as long term trend is up.We are targeting at least 130 pip+ in the first push to the upside!