Technical analysis by fsanalysis6 about Symbol PAXG: Buy recommendation (5/26/2025)

This chart displays a potential bullish setup for Gold (XAUUSD) with an entry zone between 3325 and 3327. The price target is set at 3359, aiming for an upward move. The risk is defined by a stop level at 3320. The risk-to-reward ratio appears favorable, suggesting a strategic long entry from the support zone, anticipating a bounce toward the target. The price action shows a recent downtrend leading into the entry area, aligning with a potential reversal strategyEntry Status: The current price is 3,328.61, which is within the entry zone (3325–3327). This suggests the long position has been activated.Stop Level (SL): 3320 – Still intact; price has not breached this level, so the trade is still valid.Target Level: 3359 – Trade remains open and is progressing toward the target.Price Action: After a downtrend, the price shows signs of support around the entry zone and a potential bounce.Summary:The trade is currently live and active, with the position entered and holding above the stop level. Traders should monitor for continued upward momentum toward the 3359 target.