Technical analysis by alirezak about Symbol PAXG: Buy recommendation (6/27/2025)

Dear Traders,📉 XAUUSD Technical Analysis – June 27, 2025On the 4-hour chart, Gold has faced selling pressure after testing the resistance at 3359, and is now correcting down toward the key support zone at 3250–3280.📌 Key Support Zone: 3250 – 3280📌 Major Resistance: 3359🔹 The price is currently testing the lower edge of this support zone. If we see bullish reversal candles (such as a hammer or bullish engulfing) in this area, we may expect a bounce back toward the rising trendline or even a retest of the 3359 level.🔻 However, if the 3250 support fails to hold, a deeper drop toward 3200 or lower could follow.🛑 The U.S.–China agreement news could have a direct impact on gold’s corrective trend. Caution is advised when entering trades.