Technical analysis by ONE1iMPACT about Symbol PAXG: Buy recommendation (5/12/2025)

🏆 XAUUSD (Gold): The Ultimate Safe Haven Play!📊 Live Market Snapshot (May 12, 2025)- Current Price: $3,275- Weekly Range: $3,201 - $3,455- Key Liquidity Zones:- Strong Support: $3,140-$3,145 (Best Buy Zone)- Immediate Resistance: $3,335 (TP1)- All-Time High: $3,500💎 Why Gold Matters Now1. Market Uncertainty: Perfect hedge against volatility2. Technical Setup: Bouncing from weekly low of $3,2013. Institutional Demand: Central banks accumulating🎯 Trading Strategy- Entry: $3,240-$3,245 zone- Take Profit Levels:→ $3,280→ $3,330→ $3,355- Risk Management:→ Stop Loss: $3,225⚠️ Critical Notes1. Watch USD strength (inverse correlation)2. Monitor Fed policy decisions3. Physical demand vs. paper gold flows🔥 Key Indicators1. Daily RSI: 52 (neutral)2. 200-DMA: $3,180 (strong support)3. Volume Profile: Key node at $3,250📌 The Golden OpportunityWith global tensions rising, gold offers:- Safe haven protection- Inflation hedge- Technical rebound potential---📊 DYOR| Not financial advice 🖌️