Technical analysis by ProfitMagnet-Pro about Symbol PAXG: Buy recommendation (8/28/2025)

Gold (XAUUSD) on the 3H timeframe is currently forming an Ascending Triangle pattern, a bullish continuation structure. Price has recently shown a Break of Structure (BOS) and is testing the upper resistance zone near 3400 – 3420. Key levels to watch: Resistance area: 3400 – 3420 (possible rejection zone) Support zone: 3320 – 3360 (demand area for buyers) Support level: 3280 (major downside protection) 📊 Scenarios: If price breaks and holds above 3420, continuation towards 3440 – 3460 is likely. A rejection from resistance may bring a retest of the 3360 – 3380 support zone before a possible continuation upward. 🔑 Bias: Bullish above 3380 support, but short-term pullbacks are possible. This analysis is for educational purposes only and does not constitute financial advice. Please manage risk carefully and use proper stop loss levels according to your trading planTrade has been active ; Risk mange has properlyTRADE has been successfully ;risk mange has properly