Technical analysis by XAUUSD_MASTER003 about Symbol PAXG: Buy recommendation (5/25/2025)

XAUUSD_MASTER003

This chart shows the price action of Gold (XAU/USD) on the 30-minute timeframe using TradingView. Here's a breakdown of what the chart indicates:---Key Elements:1. Price Level:Current price: $3,357.519 per ouncePrice is up +62.852 (+1.91%), indicating a strong recent bullish move.2. Support Level:A blue highlighted box labeled “Support level” around the $3,317–$3,338 range shows a key area where price previously found buying interest and bounced back up.3. Resistance & Breakout:There's a horizontal black resistance line just above $3,355.901.The price has broken above this resistance, which is a bullish signal.4. Bullish Projection:There’s a black arrow projection, suggesting a possible pullback (retest) to the broken resistance (now support) followed by a continuation upward.The projected target zone is near $3,396.230.5. Price Zones:Green and red price zones on the right show potential entry (buy) and stop-loss levels, supporting the idea of a long (buy) trade setup.