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

Gold opened with a 600-pip gap down overnight due to easing geopolitical fears (US/China trade talk optimism), breaking below our key support at 3274.00.However, price quickly snapped back above 3274.00 and is currently showing bullish signs into the London open.📊 Key Zones to Watch:3274.00 → if support forms again, early buys possible3333.00 → safer buy trigger3380.00 → wedge resistance and key short-term target🎯 Target Range:From 3274 to 3380 = 1000 pipsFrom 3333 to 3380 = 400+ pips⚠️ Caution: 3380 also aligns with technical wedge resistance. If we reject there, we may see bearish structure set in for the second half of May.