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

Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around the 3,510 zone. Gold is trading in an uptrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bullish, but price is retracing after recent highs. Key level in focus: 3,510 — an important zone where buyers may look to step in and resume the upward trend. Fundamentals: Geopolitical alignment among Russia, China, India, and North Korea strengthens the case for continued gold purchases by BRICS central banks. At the same time, the U.S. Dollar Index (DXY) has broken below 98.400 support and could retrace further to the downside, adding to gold’s bullish backdrop through negative correlation. Trade safe, Joe.