Technical analysis by FX_AGENCY about Symbol PAXG: Buy recommendation (8/29/2025)

Pair: XAUUSD (Gold vs US Dollar) Direction: Bullish Entry Level: 3412 Target Level (TP): 3440 Stop Loss (SL): Around 3402 (based on the risk box shown on your chart). --- 🔹 Technical Chart Matrix Analysis 1. Trend Context: Price has recently rejected lower levels and is trying to hold above a strong demand zone. The Ichimoku cloud (highlighted on your chart) is thinning ahead, which usually signals potential for bullish continuation if price breaks and sustains above. Market structure shows higher lows forming, signaling bullish momentum. 2. Entry Justification (3412): Positioned above minor resistance & within a demand zone, giving a good breakout entry. Buyers are defending around 3400 – 3405 levels, confirming accumulation. 3. Target (3440): A key resistance level highlighted on your chart. Acts as the first major bullish target, and also a psychological round number zone. --- 🔹 Risk–Reward Ratio Entry: 3412 Target (TP): 3440 → +28 pips profit potential Stop Loss (SL): 3402 → -10 pips risk 👉 This is a highly favorable setup, as professional traders usually aim for at least 1:2 RRR. Here you’re getting nearly 1:3. --- 🔹 Trade Plan Summary ✅ Buy (Long) XAUUSD at 3412 🎯 Target Profit (TP): 3440 ❌ Stop Loss (SL): 3402 📈 Risk–Reward Ratio: 1:2.8 (Strong setup) ⚡ Expectation: Price could face resistance at 3440, so partial booking at 3435–3438 can also be considered. --- 👉 In simple words: This is a bullish momentum trade with a tight stop loss and a strong risk-to-reward profile. Market structure and cloud analysis both support upside potential toward 3440.all Target Secured trade active from 3412 and our target 3440 .