Technical analysis by alirezak about Symbol PAXG: Buy recommendation (7/11/2025)

Dear Trader, Technical Analysis – XAUUSD (Gold Spot/USD) – July 11, 2025 🕐 Timeframe: 4H Gold price is currently trading around $3334. After rebounding from a strong support zone (blue box), price has broken out of a symmetrical triangle pattern to the upside, suggesting a potential bullish continuation. 🔸 Key Points: Strong Support Zone: $3295–$3310 (held well during recent retests) Symmetrical Triangle Breakout: Confirmed to the upside – typically a bullish signal Next Resistance: $3390–$3400 (marked in red) Major Resistance: $3436 (recent top) 📈 Probable Scenario: If price holds above the breakout level, a move toward the $3390–$3400 resistance area is likely. A break above that could lead to a test of $3436. However, a drop below $3310 would invalidate the bullish setup. Regards, Alireza!