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

📊 Technical Analysis ● XAUUSD broke above the descending channel and confirmed a breakout from a narrowing wedge near 3,382, signaling bullish continuation. ● The price structure now targets the 3,435 resistance, with pullbacks likely to retest the breakout zone before the next leg higher. 💡 Fundamental Analysis ● Gold is supported by renewed safe-haven demand after geopolitical tensions in the Middle East and weaker-than-expected US ISM services data, which pressured the USD. ✨ Summary Buy above 3,382; target 3,435. Setup remains valid while holding above 3,360. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!