Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (8/14/2025)

XAUUSD is approaching the confluence of the downward trendline and the 3,315 support, forming a potential bullish reversal setup. The structure suggests a base-building phase after the recent correction, aligning with the 61.8% golden zone of the prior swing. A decisive push above 3,340 would confirm momentum toward the 3,400 target. Sustaining this move would keep bulls in control, aiming for a retest of the broader resistance zone. 📉 Key Levels Buy trigger: Break and close above 3,340 Buy zone: 3,317–3,325 Target: 3,400 Invalidation: Below 3,300 💡 Risks Failure to break 3,340 resistance could trigger another pullback. Strong USD data may limit upside potential (PPI, Unemployment data). Broader downtrend context still in play unless major resistance is breached. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!XAUUSD is attempting to stabilize after forming a lower low near the 3,325 support, with price showing signs of rejection at the descending black trendline. The blue projection points toward a recovery toward 3,383, aligning with the confluence of the red and blue resistance trendlines. Holding above 3,325 could trigger a corrective leg higher within the broader bullish structure. The current setup favors a short-term bounce before reassessing near the resistance confluence.