Technical analysis by JohnHarry_7 about Symbol PAXG: Buy recommendation (4/17/2025)

The XAU/USD pair trades near its record high, and the daily chart supports another leg north. Technical indicators aim firmly north within overbought readings, while the pair remains far above all bullish moving averages. The 20 Simple Moving Average (SMA) currently hovers around $3,100, turning into a strong mid-term dynamic support should Gold finally correct lower.The 4-hour chart shows that the Momentum indicator heads north well above its midline, while the Relative Strength Index (RSI) indicator consolidates at around 80, reflecting extreme overbought conditions yet far from suggesting XAU/USD may change course anytime soon. At the same time, the 20 SMA keeps advancing firmly higher, far above the longer ones, in line with the dominant bullish trend.Support levels: 3,317.20 3,305.65 3,292.80Resistance levels: 3,335.00 3,350.00 3,375.00Xauusd signal sell 3341Support 3310Support 3276Support 3239Resistance 3386Xauusd signal sell 60 pips doneCheck my workGold sell supportGold sell 80 pips doneGold sell