Technical analysis by RTED_Investing about Symbol PAXG: Buy recommendation (4/16/2025)

The XAU/USD market has set a new all-time high, continuing its strong bullish trajectory toward the 3300 resistance zone. This level may act as a potential reversal point, offering a chance to enter on a pullback. A range zone has formed around the 3225 level, which, along with the nearby upward trendline, could serve as a key support area for identifying buy signals. With high-impact news scheduled for today, volatility is expected. Should a retracement occur, the support zone around 3225 may provide a launchpad for the next move toward the resistance zone at 3390