Technical analysis by Lena_Fx about Symbol PAXG: Buy recommendation (5/1/2025)

Gold is showing bullish strength with higher highs and higher lows forming on the [ 1 hour] chart.Price has respected key support around [$3260] and is now aiming for resistance near [$3360].Entry idea: Buy between [ $3250 to 3260 ]Stop Loss: [ $3230 ]Target: [ $3360 ]Trend: BullishTimeframe: [1} Hr📌 Reason for Long:Price above EMA [example: 50, 200]Strong demand zone at [price]Bullish price action (engulfing candle / breakout / etc.)📊 Tags (Important for visibility):#GOLD #XAUUSD #LONG #BUY #Bullish #TradingView #PriceAction