Technical analysis by ZareeFxTradingAac about Symbol PAXG: Buy recommendation (6/15/2025)

The chart illustrates a bullish market structure for XAU/USD, with price action currently trending upwards. Key technical observations:Support Zone:Price has recently bounced from a support zone around 3,399.710, indicating strong buying interest.Bullish Projection:A bullish continuation is expected. The chart outlines a potential scenario with a minor retracement towards 3,432.835 or 3,399.710, followed by a strong upward move.Targets:Immediate resistance is around 3,502.669.If broken, price may aim for 3,550.351.Final projected target lies near 3,680.000, which aligns with a historical supply zone.Indicators:The green enveloping bands suggest increasing volatility, with the price respecting the upper band, supporting bullish momentum.Conclusion:XAU/USD appears poised for a bullish breakout continuation. A potential pullback could offer a buy opportunity, targeting higher resistance zones as long as the structure remains intact