Technical analysis by TradingShot about Symbol PAXG: Buy recommendation (6/16/2025)

Gold (XAUUSD) is trading within a Channel Up, while being supported by the 1D MA50 (blue trend-line). This is similar to the December 19 2024 - January 30 2025 Channel Up, which when it broke above the previous Higher High Resistance, it rose straight to the 1.618 Fibonacci extension.As a result, as long as the 1D MA50 supports, we are looking for a medium-term bullish break-out, possible by the end of July, targeting at least 3700.-------------------------------------------------------------------------------** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **-------------------------------------------------------------------------------Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.💸💸💸💸💸💸👇 👇 👇 👇 👇 👇