Technical analysis by TradingShot about Symbol PAXG: Buy recommendation (7/28/2025)

Gold (XAUUSD) is attempting to break below its Triangle formation just 4 days after marginally breaking above it. This has invalidated that pattern so after breaking also below its 1D MA50 (blue trend-line), it could technically go for a 1D MA100 (green trend-line) test for the first time since January 06 2025. If it does, there will be more probabilities for a stronger than before rebound to make a new High. Our Targe is the 2.0 Fibonacci extension at $3620. Keep also an eye on the 1D RSI Buy Zone, which has been giving the most optimal buy signals since April 07 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇