Technical analysis by ProfitMagnet-Pro about Symbol PAXG: Sell recommendation (9/1/2025)

ProfitMagnet-Pro

Gold (XAUUSD) has successfully broken out of the converging triangle pattern, showing strong bullish momentum. Price action confirmed multiple BOS (Break of Structure) points, followed by a clean breakout rally toward the $3,470+ zone. Currently, price is consolidating near the highs. If buyers fail to hold this level, we may see a healthy pullback into the support zone at $3,420 – $3,400. A deeper correction could retest the major support level near $3,320 before continuing the bullish trend. 📊 Key Technicals: Pattern: Converging Triangle ✅ Breakout: Confirmed with BOS Immediate Support Zone: $3,420 – $3,400 Major Support Level: $3,320 Upside target (if bullish momentum continues): $3,500+ Watch for a retest of the broken resistance (now acting as support). Possible dip-buying opportunities around support zones. Bullish bias remains valid as long as $3,320 support holds Risk Mange has ProperlyTrade has been active ; RISK MANGE HAS PROPERLY