Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (9/3/2025)

XAUUSD has surged to test the resistance zone above 3,500 after strong bullish momentum carried price through the wedge breakout. The structure is defined by an upward channel, with the latest higher low aligning with trend continuation. As long as price holds above 3,490, the bullish bias remains intact, targeting the 3,600–3,620 zone. The broader pattern favors trend extension unless a deep pullback invalidates momentum. 📉 Key Levels Buy trigger: Hold above 3,490 resistance Buy zone: 3,490–3,500 support retest region Target: 3,590–3,600 resistance Invalidation: Breakdown below 3,490 💡 Risks Strong rejection from resistance zone near 3,550 leading to corrective retracement. Unexpected USD strength from macroeconomic releases weighing on gold. Bond yield spikes undermining safe-haven demand for gold. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!XAUUSD is pulling back after setting a fresh ATH near 3,580 and is now retesting the 3,510–3,520 support zone inside the upward channel. The structure shows continuation momentum with higher lows supporting the ongoing bullish phase. As long as 3,510 holds as support, buyers are likely to defend this level for another push toward the 3,585–3,600 resistance area. Momentum remains bullish in the broader channel, but failure to hold support could shift short-term pressure back to 3,460