Technical analysis by FX_Jhon about Symbol PAXG: Buy recommendation (4/15/2025)

This chart is for Gold (XAU/USD) on the 30-minute timeframe. Here's a breakdown of the analysis shown:Pattern & SetupThe chart shows a double bottom or W pattern, indicating a potential bullish reversal.A support zone is marked near 3,200, where the price has bounced multiple times.The entry line is around 3,220, showing the suggested buy zone after a pullback.The take profit zone is near 3,245–3,250, the resistance level where price previously reversed.The stop loss zone is set below 3,200, protecting against downside risk.Current Price ActionPrice has bounced from the support zone and is approaching the entry line again, suggesting a possible buy opportunity if it holds and confirms the support.Strategy SummaryBuy near: 3,220TRADE ACTIVE