Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (5/29/2025)

XAUUSD is testing the SWAP zone, aligning closely with the rising trendline support near 3244. If bulls defend this level again, a move toward 3400 remains in play, with the downtrend line offering resistance on the way up. A higher low formation here would signal renewed bullish interest. We should watch for a breakout or rejection to confirm next direction.📈 Key LevelsBuy zone: 3244–3255Buy trigger: break and retest above 3287Target: 3400Sell trigger: drop below 3244💡 RisksRejection from descending trendlineFailure to form a higher low structureBreakdown of channel support near 3240 would invalidate the bullish thesisTraders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻