Technical analysis by ALLEYPROFESSIONALS about Symbol PAXG: Buy recommendation (7/22/2025)

Gold (XAU/USD) is showing a promising bullish setup on the 1H timeframe! 🧐 Price is currently pulling back from a resistance zone and heading toward a key support area, offering a potential high-probability buying opportunity. 🔍 Technical Breakdown: ✅ Trend: Gold is respecting an ascending channel, indicating an overall bullish structure. ✅ Support Zone: 📌 Key support identified at $3350–3360. This zone has previously acted as a strong demand area, marked by an aggressive bullish reaction (green arrow). ✅ Resistance Zone: 🚫 Price faced rejection at $3402, but a break and close above this level would confirm bullish momentum. ✅ Bullish Target Area: 🎯 If support holds and we see volume confirmation, we could be heading toward the $3440–3450 target zone (highlighted in blue). 📈 Trade Idea (Not Financial Advice): Watch for bullish candlestick confirmation at support. Potential long setup if price holds above the demand zone. Invalidation below $3350 structure. 📘 Note: This analysis is for educational purposes only. Always manage risk and use confirmation before entering trades. #XAUUSD #GoldAnalysis #PriceAction #ForexTrading #TechnicalAnalysis #BullishSetup #GoldForecast #SwingTrading #TradingView #MarketOutlook #SmartMoney #SupportAndResistanceBuy Signal was given at 3387. Target range of 3430–3440 has been reached successfully.we gave signal from 3387 to 3430 and 3440 almost market hit 3438 Target hit