Technical analysis by APEX_BULL about Symbol PAXG: Buy recommendation (5/15/2025)

This 1-hour chart analysis of XAU/USD (Gold) outlines a recent sharp decline 📉. The price is currently trading around **3186 – 3190** and approaching a key resistance level at **3191** 🔥. If bulls manage to push the price above this level and hold it, we have a clean range, so price could continue toward the **3218** zone 🚀. This area previously acted as strong resistance, and a break above it would confirm bullish momentum 📈.On the flip side, if the price fails to break above the **3191** resistance ❌, a rejection may trigger a bearish move back toward the **4-hour Fair Value Gap (FVG)** zone between **3140–3160** ⚠️. This area acts as a strong demand/support zone 🛡️ and could offer a favorable entry for buyers aiming for a swing-long position 🎯.Price has now tapped into the H4 Fair Value Gap (3140–3160) zone as expected. This is a key demand area, and the idea is now active ✅. I'm watching for a bullish reaction from this zone