Technical analysis by money_magnet2 about Symbol PAXG: Buy recommendation (5/21/2025)

This chart shows a trading plan for Gold Spot vs. U.S. Dollar (XAU/USD) on the 30-minute timeframe, published on May 21, 2025. Here's a breakdown of the trade setup:BUY NOW Level: 3,308.365This is the suggested entry point for a long (buy) trade.STOP LOSS: 3,285.402If the price falls to this level, the trade should be exited to limit losses.TAKE PROFIT 1: 3,337.818This is the first target level to take partial or full profit.TAKE PROFIT 2: 3,385.741This is the more optimistic target, where the rest of the position might be closed for maximum gain.Trend Direction: Upward (indicated by the green arrow and ascending channel).The price has recently broken out of an ascending channel, suggesting bullish momentum.This strategy implies a favorable risk-reward ratio with a bullish bias. If you'd like, I can help calculate the exact risk-reward ratio or provide more analysis.ACTIVE TRADE