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Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (9/5/2025)

https://sahmeto.com/message/3753835
Lingrid
Lingrid
Rank: 474
2.9
Buy،Technical،Lingrid

XAUUSD is climbing inside an upward channel, bouncing steadily from support and pushing through recent resistance with bullish momentum. The structure shows higher highs and higher lows, confirming the trend continuation bias. A clean hold above 3,500 keeps the path open for another push higher. Momentum favors retesting the resistance zone, where a breakout could unlock more upside potential. 📉 Key Levels Buy trigger: Break above 3,505 Buy zone: 3,500–3,520 support retest Target: 3,600–3,615 zone Invalidation: Break below 3,460 support 💡 Risks Stronger-than-expected NFP data today could fuel USD strength and pressure gold lower. Failure to hold the 3,505 support may shift momentum to the downside. Geopolitical or macro shifts driving risk-on sentiment could reduce 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!

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$3,553.3
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