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

Therefore, if the 21-day SMA holds in the event of a weak US Non-Farm Payroll (NFP) report, a rebound toward the immediate static support-turned-resistance at 3260 could occur.A sustained move above that level would encourage Gold buyers to push further toward the former channel support, now acting as resistance, at 3405.