Technical analysis by Thetraderscollective about Symbol PAXG: Buy recommendation (5/20/2025)

GOLD (XAUUSD) Analysis – Tuesday, May 20th, 2025Since breaking out of the bearish channel late last week, gold has lacked momentum.We've had multiple failed attempts to break and close above 3274.00, making it difficult to maintain a bullish stance.🔸 Current Range:Resistance = 3274.00Support = 3115.00Structure is unclear on intraday — trapped between two major zones.🔸 Bullish Bias Resumes If:Break and close above 3274.00Target = 3350.00🔸 Bearish Bias Triggers If:Break and close below 3115.00Target = 3046.00🧠 Plan:No intraday trades while stuck in this chop.Wait for confirmation above/below the range to align with higher timeframe movement.