Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (5/27/2025)

Lingrid

XAUUSD is consolidating after a rejection from the descending resistance trendline near 3345, with price now approaching the prior demand zone around 3265. If this support holds, a bullish reaction could propel price back toward the 3345–3350 zone for another retest. The broader pattern reflects a potential higher low forming against the downward trendline. A bounce here would confirm bullish interest and set the stage for continuation higher.📈 Key LevelsBuy zone: 3265Buy trigger: bullish reaction from support or breakout above 3300Target: 3345Sell trigger: break below 3265💡 RisksFailure to hold 3265 support could trigger sharp downsideFalse breakouts near 3345 remain a threatMarket-sensitive data could increase volatilityTraders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻