Technical analysis by ALLEYPROFESSIONALS about Symbol PAXG: Buy recommendation (6/4/2025)

ALLEYPROFESSIONALS

📊 XAU/USD 1H Technical Outlook – 4 June 2025🔸 Current Price: 3360.99🔸 Bias: Bullish (Above 3350 support zone)🔸 Resistance Zone: 3380–3392🔸 Support Zone: 3332🔸 Possible Target Area: 3425–3430🔸 RR Potential: ~2.77%🔍 Key Observations:✅ Break of Structure (BOS) confirms bullish continuation✅ Change of Character (CHoCH) near support area suggests bullish reversal✅ RSI holding above 50 – shows strength in trend✅ Ichimoku Cloud Support – price bounced off the cloud📈 Trading Idea: If price holds above 3350–3360, we may see a continuation toward the 3425–3430 zone.Break above 3392 (previous weak high) will be the confirmation for this move.⚠️ As always, manage your risk and wait for confirmation before entering trades.📚 This analysis is for educational purposes only – not financial advice.Trade hit 350 + pips In bullish Side price Breaks Resistance Area Now Focus on target.