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

Hi traders! , Currently analyzing GOLD (XAUUSD) on the 1H timeframe.Price has dropped aggressively but is now reacting strongly from a key support zone around 3,271.00, where buyers are stepping in. This area has previously shown significant bullish reactions.I'm now buying from 3,271.00, expecting a bullish correction towards my target.Take Profit: 3,377.00Stop Loss: 3,165.00RSI is in oversold, indicating potential exhaustion of sellers.Price may have created a fake breakout below the trendline, trapping liquidity before bouncing back.Currently managing the trade, watching how price develops around this key area.Disclaimer : This is not financial advice. This is my personal analysis shared for educational purposes only.Securing profits