Technical analysis by Gold_Pips_Trading about Symbol PAXG: Buy recommendation (8/8/2025)

Gold_Pips_Trading

Instrument: XAUUSD (Gold vs USD) Timeframe: Daily (D1) Analysis: Gold is trading near the 3360 support zone. This level has acted as a demand area in the past, and buyers are showing interest here again. If the price holds above 3385, a potential bullish move towards higher levels can be expected. Trade Plan: Entry Level: 3385 (after confirmation) Stop Loss: Below 3350 (setup becomes invalid if price closes under this zone) Target 1: 3405 (partial profit) Target 2: 3430 (final target) Risk Management: The setup offers around 1:1.5 risk-to-reward. Position size should be managed so risk per trade remains small (around 1–2% of equity). Invalidation: If price closes below 3350, the bullish outlook will no longer be valid.1st target has been hit done wait for next target