Technical analysis by JustinNorok about Symbol PAXG: Buy recommendation (8/28/2025)

Gold has shown a powerful breakout from the descending trendline after a long period of sideways consolidation, confirming that buyers are gaining strong control over the market. The breakout has shifted momentum toward the upside, with 3375 acting as the most important support level. As long as gold remains above this zone, the structure stays bullish and favors continuation toward higher targets. The first resistance is 3406, followed by 3435 and then the major supply area around 3466 which will be the decisive zone for further extension. If the market pulls back toward 3375–3380, that area should be closely watched because a successful retest would give buyers another chance to step in and resume the bullish trend. Dips into support are currently considered buying opportunities, as the overall flow remains upward. However, if price fails to hold 3375 and closes back below, the bullish scenario will weaken and gold may re-enter a consolidation phase. Until that happens, the chart favors bulls and suggests holding a buy-side bias with eyes on the upper resistance zones as potential targets.2nd Target Hitt GuysTarget Successfully Guys Enjoy your Profit