Technical analysis by Aria-Margot-Fx about Symbol PAXG: Buy recommendation (6/25/2025)

🔍 Technical Analysis: XAU/USD (Gold Spot – 45-Min Chart)Date: June 25, 2025Current Price: $3,326.035---🔸 1. Market Structure OverviewDowntrend ➡ Consolidation ➡ Downtrend ➡ Base FormationThe chart reveals a classic market sequence:Initial downtrend (early June)Strong recovery/rally (highlighted in green)Sideways consolidation (yellow range zone)Second downtrend (highlighted in red)Current price forming a potential bottom---🔸 2. Key ZonesSupport Zone: ~$3,290–$3,310Marked by a pink shaded area. Price has rebounded here previously.Price is currently hovering near this zone again, showing signs of buying interest.Resistance/Target Zone: ~$3,360The blue arrow and label “Target” indicate the expected recovery level.This area aligns with prior minor support-turned-resistance (confluence zone).---🔸 3. Volume & Candlestick ActivityWhile volume is not visible in this image, price action shows:Smaller-bodied candles and wicks near current lows suggest weak selling momentum.Price appears to be compressing, hinting at a potential breakout.---🔸 4. Pattern ImplicationRounded Bottom / Base FormationThe curvature and projected path suggest a rounded bottom or accumulation pattern.Commonly seen before short-term bullish reversals.---🔸 5. Projection & StrategyBullish Bias:If price breaks above ~$3,335 with volume or momentum, a move to $3,360 looks probable.Conservative target = $3,355–$3,360Stop-loss (if trading): Below $3,300 (previous low)Bearish Invalidator:A strong breakdown below the pink support zone ($3,290) would invalidate the bullish thesis and open downside risk.---✅ SummaryCurrent sentiment: Cautiously bullishTechnical setup: Rounded bottom base near key supportTarget: $3,360 (short-term)Risk: Breakdown below $3,290 support