Technical analysis by tradingdxy85 about Symbol PAXG: Buy recommendation (4/25/2025)

🟡 Instrument: Gold (XAUUSD)⏰ Timeframe: 4-Hour (4H)📈 Current Trend: Bullish (Price is rising steadily after retesting the 50 EMA)📊 Supporting Indicators:MA 50 & MA 200: Price is trading above both MAs, confirming a strong medium-to-long-term bullish trend.RSI (7): Currently around 54, moving upward from neutral territory — indicating building bullish momentum.📍 Potential Price Action (Bullish Scenario)The chart shows a clear higher high and higher low structure. The following take-profit (TP) levels are expected:🔹 TP 1: 3,502.58 – Initial resistance and the first breakout target.🔹 TP 2: 3,653.56 – A possible light pullback area before continuation.🔹 TP 3: 3,836.25 – Mid-term target and strong resistance zone.🧠 Strategy Notes:Confirmation will occur if price breaks and holds above recent swing highs and the 50 MA.Watch the 3,500–3,510 zone closely as a key decision area.RSI still has room to rise before entering overbought territory, suggesting more upside potential.⚠️ Risk Management:Suggested SL below the most recent swing low or under the 50 MA (approx. 3,300 area).Use proper lot sizing and risk control according to your trading plan.💬 Conclusion:Gold is showing solid bullish momentum on the 4H chart. If price breaks above 3,350 and maintains strength, it could reach up to 3,836 in the mid-term. Watch key levels closely and manage risk wisely. GOLD