Technical analysis by AutoMarkets about Symbol PAXG: Buy recommendation (9/8/2025)

Gold (XAUUSD) continues its bullish climb across all major timeframes after cleanly breaking out of a short-term descending channel. The higher timeframes now show strong consolidation above structure, suggesting potential continuation. 4H Analysis: Breakout Retest Completed: Price broke out of the short-term descending channel, retested structure cleanly around 3,524.91, and is now respecting an ascending channel. Current Consolidation: Gold is consolidating under the 3,600 resistance zone, holding strong above support at 3,578.50, forming a bullish flag-like structure. 1H Structure: Support at 3,578.50 has been tested multiple times with rejection wicks, showing buyer strength. If price breaks and closes above 3,600, continuation into 3,650 and beyond is likely. A break below 3,524.91 would shift focus back to the 3,500 level and invalidate the short-term bullish setup. 🗺 Daily Context: Price is trading within a well-respected ascending channel. The macro trend remains bullish as long as structure above 3,500 holds. Trading Plan: Bias: Bullish Buy Zone: Retests near 3,578–3,580 Target: 3,600 → 3,625+ Invalidation: Break below 3,524.91 "Structure tells the story. Let the market reveal its hand, then strike."