Technical analysis by Ali_Explorer about Symbol PAXG: Buy recommendation (7/14/2025)

Ali_Explorer

f price fails to hold above 3340, it may indicate a breakdown, invalidating the long setup. Overall, XAUUSD remains a buy above 3347 with targets at 3360, 3375, and potentially 3400, using 3340 as a strict stop-loss. XAUUSD is currently trading at 3347, presenting a potential buying opportunity within a short-term bullish bias. Immediate resistance is noted at 3360, which marks the first test for upward momentum. A break above 3360 could push prices toward the next resistance at 3375. Further confirmation of bullish continuation would be seen on a clean break and close above 3400. Support is firmly placed at 3340, serving as a key stop-loss level to manage downside risk. The ideal buy zone lies between 3345–3347, close to support but before resistance tightens. This zone provides a favorable risk-to-reward ratio if price rebounds from this range. Traders should monitor momentum indicators and price action around 3360 for early signals of a breakout.price hitting on the 3356price hit on the 3356 from 3347