Technical analysis by Itsalikhaan about Symbol PAXG: Buy recommendation (8/23/2025)

Gold (XAUUSD) is currently showing a potential buying opportunity as price reacts to a key support zone. The market has recently rejected lower levels, indicating strong demand and the possibility of a bullish continuation. I am watching closely for confirmation through bullish candlestick structures and volume alignment. If buyers continue to defend this level, we could see momentum push toward higher resistance areas. Trade Plan: Entry Zone: Around the marked support area after bullish confirmation. Stop Loss: Below the recent swing low to protect against false breakouts. Target 1: Nearest resistance level for partial profit-taking. Target 2: Higher resistance zone for extended gains. This setup is based on structure, liquidity reaction, and confirmation signals. Always wait for clear entry triggers before entering the trade, and adjust risk management according to your trading plan.