Technical analysis by ForexTrader4all about Symbol PAXG: Buy recommendation (7/4/2025)

The chart shows a potential buy setup for gold (XAUUSD) with the following key points:Price Action: Gold is trading at 3,341.465, above the suggested "Buy Above 3350" level, indicating a bullish bias.Support/Resistance: The rejection area at 3309-3319 held as support, and price has moved higher, confirming buyer interest.Take Profit Levels: TP1 (3355), TP2 (3360), and TP3 (3365) provide clear upside targets.RSI Confirmation: The RSI (14) at 54.21 shows moderate bullish momentum without being overbought.Volume & Close: The slight increase in price (+0.09%) with supportive volume suggests accumulation.Trade Idea: Enter long above 3350 with stops below 3309, targeting TP1-TP3. The rejection zone and RSI support further upside.Disclaimer: This is not financial advice. Please consult with a financial advisor before making any investment decisions. We are not responsible for your loss because we are not SEBI registered and this analysis based on technical aspects and only for educational practice. Do your own research.