Technical analysis by linofx1 about Symbol PAXG: Buy recommendation (9/3/2025)

GOLD is currently exhibiting a robust bullish trend, having recently reached a new higher high. Following this upward movement, the market entered a phase of consolidation within a narrow parallel channel on the hourly time frame. The recent violation of the resistance indicates a likely continuation of this upward trend. Given these technical indicators, I anticipate that GOLD will reach the significant psychological level of 3560, reflecting sustained bullish momentum in the market.