Technical analysis by AlexTradeCenter about Symbol PAXG: Buy recommendation (6/2/2025)

AlexTradeCenter
XAUUSD Follow Ascending Channel & Down Trend Breakout

📈 XAU/USD Update – 1H Timeframe🚨 Trend Reversal Alert!Gold has officially broken out of the downtrend and is now respecting a bullish ascending channel.✅ Entry Zone 1: 3373 (confirmed breakout)✅ Entry Zone 2: 3360 (key support retest)🎯 Technical Targets:• Target 1: 3400 – Major supply zone• Target 2: 3430 – Strong resistance level🔍 Structure is clean, momentum is building. Watching price action closely for bullish confirmation on lower timeframes.📢 Like, Follow & Comment for more real-time setup📊 XAUUSD Trade Update – 1H Timeframe🔥 Entry Confirmed at 3360Price has tapped our key support level at 3360 and is now showing bullish momentum as expected.📈 Holding the position and watching price action closely as we approach the target zones:🎯 Target 1: 3400 – Supply Zone🎯 Target 2: 3430 – Resistance Level🚀 Stay patient, let the setup play out. Structure remains bullish.🔔 Like, Follow & Comment for live updates👥 Join our trading community for more insights!— Alex 😉