Technical analysis by SOAM_PRO_TRADER about Symbol PAXG: Buy recommendation (6/12/2025)

SOAM_PRO_TRADER

🔹XAU/USD (Gold) – Technical Analysis (30-Min Chart)▪️Gold is displaying a bullish structure after breaking out of a prolonged consolidation zone. The price has broken and retested the $3,355 resistance level, confirming it as a new demand zone. Momentum remains strong, suggesting further upside potential. 🔍 Key Zones:▫️Consolidation Zone: $3,328 -$3,355 (now broken)▫️ Demand Zone (Buy Area): $3,340 - $3,355▫️Breakout Retest Zone: $3,360 Ideal area for re-entry on pullback▫️ Immediate Resistance: $3,383▫️ Targets: ▫️🎯 First Target: $3,390 ▫️ 🏁 Final Target Zone: $3,401 -$3,420 📈 Trade Strategy:▫️Scenario 1: Wait for a bullish retest at $3,355-$3,360. Enter long on confirmation (bullish candle or volume spike).▫️Scenario 2: If price breaks above $3,373 with strong momentum, enter on breakout with targets at $3,380 and $3,410+.▫️Invalidation: A break below $3,340 would weaken the bullish outlook.▪️Bias: Strongly bullish while price holds above the demand zone. Watch for volume confirmation at breakout levels.🔹Community Insight:If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets.▪️Follow for regular updates and trade setups.from 3340 demand zoneprice touched 3360, 200 pips+ securedprice touched 3375 . 350 pips+ achievedprice touched 3385, 450 pips+ achievedtarget achieved 3420 , 800 pips+800 pips+ ,