Technical analysis by Anna_Wade about Symbol PAXG: Buy recommendation (6/7/2025)

XAUUSD AnalysisTimeframe: 4H/1WObservation: XAUUSD is trading within an upward parallel channel, having previously rejected both the resistance and support trend lines. Currently positioned at the support line, we anticipate a potential false breakdown followed by an upward move.Trading Opportunity:- Buying Zone: 3250-3270- Rationale: Liquidity is nearly depleted, and a 1W FVG gap is present.- Strategy: Set Buy limits at 3250-3270- Target: 3500