Technical analysis by Algo_Trading_Mql5 about Symbol PAXG: Buy recommendation (8/26/2025)

XAUUSD (Gold vs USD) 1H chart. Let’s break it down: 📈 Current Setup Price is around $3,378 – $3,379. It has broken out of a descending channel (yellow zone). Also pushed above Ichimoku cloud and resistance at $3,368, which is now acting as support. My chart shows clear upside targets marked. 🎯 Target Levels (from your chart) 1. First Target Zone → Around $3,400 (psychological level and minor resistance). 2. Second Target Zone → Around $3,415 (major resistance, higher target point marked). ⚠ Notes As long as gold holds above $3,368 (the breakout level), bullish momentum remains valid. If price falls back below $3,355 – $3,360, the bullish breakout weakens, and it may re-enter the channel.trade active