Technical analysis by BenMcyInsights about Symbol PAXG: Buy recommendation (5/22/2025)

After a strong bullish leg, gold is currently in a natural correction phase.We're now sitting right on the 50% Fibonacci retracement of the previous move. If the bullish momentum remains intact, this level could act as a solid re-entry point and fuel the next upward push.However, a deeper retracement into the OTE zone (around 3260–3250) remains possible if the market needs to gather more liquidity before continuing higher.🔍 Key levels to monitor :3280-3275 → mid-retracement (current zone)3260-3250 → deeper OTE support if momentum fades3340-3360 → target zone if buyers take back controlThis is a healthy consolidation in a bullish context. Let's see how price reacts in the next few hours 👀