Technical analysis by FrankFx14 about Symbol PAXG: Buy recommendation (8/26/2025)

FrankFx14

Gold (XAUUSD) is setting up for a possible bounce after recent downside pressure. Price action is currently consolidating above a key demand zone, and buyers may step back in soon. 📌 Trade Idea Entry Zone (Buy Area): 3,350 – 3,360 region Upside Target Levels: First objective → 3,405 Secondary objective → 3,440 Risk Management (Invalidation): If price closes below 3,300, the bullish outlook becomes invalid. 🧐 Technical Outlook After a strong decline earlier this month, Gold has found temporary stability. The green demand zone (3,350 – 3,360) has acted as support, where buyers previously defended price. If the market retests this region, we could see a bullish reaction leading toward the overhead red supply zone. The supply area around 3,405 – 3,440 remains the main upside objective before major sellers may re-enter. ⚠️ Key Notes A breakdown below 3,300 would invalidate this bullish thesis and open room for further downside. Watch upcoming U.S. economic data releases (marked on the chart) as they could add volatility to Gold. --- ✅ Bias: Bullish above 3,350 → Targeting 3,405 / 3,440 ❌ Invalidation: Break and close under 3,300