Technical analysis by KB_TRADING_CLASS about Symbol PAXG: Buy recommendation (8/19/2025)

Gold is currently moving within a descending channel following a sharp rejection from resistance, signalling strong selling pressure. The overall structure continues to favour lower highs and lower lows, confirming a bearish market bias. If price fails to break above the descending trendline, the bearish momentum is expected to remain intact. Weak buying interest or low volume near support (~3315) could result in a breakdown and continuation of the downtrend. A strong bounce from 3315 support could initiate a potential reversal 3360: First hurdle. A break above could open the door for bullish continuation 3485: Major resistance; must break for a trend reversal confirmation. If You Like this idea if you have any Opinion about this analysis share in comments Thanks for Understanding.