Technical analysis by CRYPTOMOJO_TA about Symbol PAXG on 5/29/2025

Hey, friendsOn the 4-hour time frame, XAU is forming a symmetrical triangle pattern, but we haven’t seen any breakout yet, we’re still trading inside the triangle.If we look at the LTF, we’re currently at the 0.236 FIB level, which isn’t a very strong buying zone, but technically, we’ve broken out of a falling wedge and are now retesting it.That looks pretty good, and if this setup plays out well, we could see an upward move toward $3,470.However, there’s a strong resistance around $3,350 to $3,370 that we need to break first. If we break that, it will also confirm the breakout of the symmetrical triangle from the 4-hour chart.So keep an eye on those areas!#GOLD #forextradingGold is still holding the key support zone around $3,285–$3,290 and slowly gaining strength.As long as this level holds, we could see the price move up to $3,320, and if momentum stays strong, maybe even $3,340+.The structure looks good, and buyers are stepping in.Keep an eye on a possible breakout above the dotted trendline. 👀#XAUUSD