Technical analysis by HAMED_AZ about Symbol PAXG: Buy recommendation (7/16/2025)

Hello Traders! 👋 What are your thoughts on GOLD? Gold has broken above its descending trendline and completed a successful pullback to the breakout level. Now, the price appears ready to resume its upward move, but it's still facing resistance near the $3375 level. We expect another attempt to break through the $3375 resistance zone. A confirmed breakout above this area would open the path toward higher targets and potentially trigger strong bullish momentum. As long as price holds above the broken trendline and key support zone, the overall bias remains bullish. Don’t forget to like and share your thoughts in the comments! ❤️It is now over 300 pips in profit from the activated zone. You can reduce your position size by half and move the stop loss to the entry point.