Technical analysis by KeN-WeNzEl about Symbol PAXG: Buy recommendation (5/26/2025)

KeN-WeNzEl

✅ Bias: Long (Buy)Rationale:•4H Chart shows price reclaiming the 20/50 SMA zone after the recent pullback — a bullish reset after a shallow correction.•15M Chart confirms trend resumption — clean higher highs and higher lows, with strong price support above the 20/50 SMA crossover.•3M Chart shows a breakout with higher volume and sustained move above recent consolidation. White 20 SMA is holding price well.⸻🎯 Trade Setup: Buy XAUUSD•Entry: 3345.00 (wait for a small pullback or price base just above current level for better RR)•Stop-Loss: 3332.00 (below last intraday swing low and the SMA base)•Take-Profit: 3371.00 (near previous resistance zone)Risk-Reward Ratio: ≈ 2:1⸻📍 Move SL to Breakeven When:Price reaches 3358.00 (midway point = 1:1 RR) and:•3M chart shows no strong bearish engulfing or reversal candle.•Volume on the move is rising or stable (not collapsing).This protects capital without choking the trade.⸻🧠 Confluence Summary:•Trend Alignment across all timeframes.•20/50 SMA bullish stack on 15M and 4H.•Volume Expansion on breakout leg.•RSI (15M) near 67 — strong but not overbought yet (room to run).⸻⚠️ Fundamental Notes:•Gold has been rising with Fed pivot expectations and equity uncertainty — momentum is on the bulls’ side unless sharp risk-on news appears.•Caution near major US data releases tomorrow or speeches from Fed members. XAUUSD