Technical analysis by Thetraderscollective about Symbol PAXG: Buy recommendation (5/6/2025)

Gold closed Friday with indecision, rejecting both 3230.00 and 3274.00 as NFP remained muted. That led to an explosive 936 pip candle yesterday, ripping straight through 3274.00 and closing just shy of the major 3333.00 level.Today, price has already pushed 400 pips higher and is currently hovering around 3365 on the 4H chart.Key Buy Setups:Break above 3380 → Target 3428Pullback & successful retest of 3333 as support → Target 3428Pip Range Opportunity:500 – 900 pips depending on the entrySummary: Bullish bias remains intact on all timeframes. I’m watching for a clean break of 3380 to ride the next leg up, or a healthy pullback to 3333 before continuation.