Technical analysis by Trading-House about Symbol PAXG: Buy recommendation (5/22/2025)

Gold is currently in an upward trendline on the 1-hour timeframe.It has recently made a slight correction down to the 0.382 Fibonacci level, and if the correction continues toward the 0.5 and 0.618 Fibonacci levels, a strong upward move from that area can be expected.For a safe and confirmed entry, it is advisable to wait for the break of the orange trigger line.Gold is moving according to our analysis, and it's currently making a move of nearly 600 pips in the predicted direction.