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

📈 XAU/USD Analysis – 4H Timeframe🔹Gold Moving Within a Strong Up ChannelPrice has recently bounced from a key demand zone at 3210, signaling renewed bullish momentum. This level offered a strong entry for buyers, aligning with the channel’s lower boundary.Technical Outlook:📌☑ Demand Zone Entry: 3210🎯1st Target: 3360 – Major Supply Zone🎯2nd Target: 3430 – Higher-Timeframe Resistance📌 Additional Resistance Ahead – Watching closely for reaction at the upper channel line.The structure remains bullish as long as the price holds above 3210. Breakouts above 3360 may fuel further upside toward 3430 and beyond.📊 Momentum: Strong🕒 Timeframe: 4H🎯 Strategy: Ride the channel with tight risk management.📢 XAUUSD Trade Update – 4H Timeframe🔥 First Target ✅ | Running +900 Pips from 3281 EntryExecuted a clean long from 3281, right off the mid-range structure support.🎯 Target 1 (3360) – Successfully hit at key supply zone.Price has respected the bullish channel perfectly, now pushing higher.Currently holding with +900 pips floating profit, eyeing the final target at 3430 – a major resistance level.🧠 Trade Management:🔒 SL trailed in profit📈 Partial profits secured at 3360📍 Watching price reaction near resistance📊 Bias: Bullish🕒 Timeframe: 4H📎 Strategy: Precision entry, let winners run.Let the market work.– Alex