Technical analysis by SOAM_PRO_TRADER about Symbol PAXG: Buy recommendation (6/13/2025)

🔹Technical Analysis: Gold (XAU/USD) - 1H Chart▪️Trend Reversal & Bullish Momentum:▫️ A clear breakout above the downward trendline on June 1st signaled the end of the bearish phase.▫️Price action has since maintained a structure of higher highs and higher lows, confirming a shift to an uptrend.▪️Key Support and Demand Zones:▫️ The previous resistance level near $3,365 has turned into a new support zone, as highlighted by the strong bullish move and marked green arrows.▫️ A demand zone for a bull run is identified between $3,365 and $3,390, suggesting potential for continued upward movement if price retraces.▪️Consolidation and Breakout:▫️ The chart shows a consolidation phase between June 6–10, followed by a breakout along an upward trendline, supporting a bullish continuation.▪️Target Zones:▫️ 1st Target Zone: $3,475 - $3,485▫️ Final Target Area: $3,500 - $3,525▫️These zones are aligned with previous highs and represent logical areas for bullish profit-taking.▪️Outlook:▫️ A possible bullish flag/pullback formation is in play, suggesting price may retest the demand zone before another leg higher toward the target zones.▫️ A sustained move above $3,445 could confirm bullish continuation.🔹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.one layer activated from 3411m15 demand zone , near 3411price touched 3444, we achieved 330 pips+