Technical analysis by Samantha-Urfe about Symbol PAXG: Buy recommendation (7/23/2025)

Price Action: XAUUSD is currently pulling back after a strong bullish rally and testing the broken resistance at $3,420 as new support. Ichimoku Cloud: Price remains well above the Ichimoku Cloud, suggesting strong bullish momentum. The cloud is acting as dynamic support near the $3,411 level. Key Levels: Support Zone: $3,411–$3,420 (recent breakout level + Ichimoku support) Resistance Zone: $3,445–$3,455 (next potential target) Projection: If the price holds above $3,411 and confirms a bullish rejection, we can expect a continuation toward the $3,450 area. Outlook: Bullish bias remains intact unless price breaks and closes below the Ichimoku cloud.