Technical analysis by EconomicanalysAbdulRahman about Symbol PAXG: Buy recommendation (7/29/2025)

📊 Technical Analysis - Gold (xau/USD) 🕓 Time frame: 4 hours Date: July 29, 2025 🔍 Bullish Bat PATTERN 🦇 The Bullish Bat) model was recognized, where the model was completed at point D, which represents the potential reflection area (PRZ). ✅ Form specifications: Point B corrected 40.6 % of XA. Point C is bounced from 65.8 % of AB. Point D is completed between 0.886 XA levels, which is a potential purchase area. Important apostasy areas: ✅ Strong order area: between 3,280 - 3,250 ⛔ Break 3,250 with 4 hours of closing = Form failure 🟢 Recommendation (in case of stability above 3,250): Buying gold from the current levels (3,260 - 3,280) 📍 Slunder (SL): 🔻 Lower 3,240 (below the demand area with a clear break) 🎯 Goals (TP): 3,316 - First goal (current resistance zone) 3,358 - second goal 3,444 - A third goal (previous neckline for the model) 📈 Technical view: The model supports the possibility of a technical rise from current levels, provided that the main support is stable. It is preferable to wait for a reflexive candle (PIN Bar or Bullish English) to confirm the entry. 💬 Alert: If 3,250 is broken and below, the purchase scenario is temporarily canceled and opens the way for a wider decline to 3,205 and perhaps 3,160. ✍️ The analysis is provided by: 📎 @Economicanalystabdulrahman 📍 For education and recommendations - is not a direct invitation to trade, risk management your personal responsibility.