Technical analysis by XAUUSD_MASTER003 about Symbol PAXG: Buy recommendation (5/15/2025)

This is a 30-minute candlestick chart of Gold (XAU/USD) showing technical analysis for short-term trading. Here's a breakdown of what the chart is illustrating:1. Falling Wedge Pattern (Bullish Reversal)The red lines form a falling wedge, a bullish reversal pattern.Price broke out upwards from the wedge, which is typically a buy signal.The orange circle marks the breakout point.2. Support and Resistance ZonesGreen Zone (Upper Box ~ 3,255): Strong resistance zone, where sellers might step in.Brown Zone (~3,192): Now acting as support, previously a resistance level.Blue Arrow: Suggests expected upward continuation after a possible retest of the support zone.3. Current Price ActionGold is trading at 3,222.440, up +1.43%.The chart suggests a bullish outlook with a potential move toward 3,255.828.4. Trade SetupA long (buy) trade has likely been initiated around the wedge breakout.Target: Resistance zone at ~3,255.Stop loss: Below the support at around ~3,172.881.