Technical analysis by SupertradeOfficial about Symbol PAXG: Buy recommendation (9/10/2025)

Gold (XAU/USD) on the 1H chart is currently maintaining a bullish structure, with price trading around $3,644 after bouncing from the $3,610 support zone. This area has repeatedly acted as a demand level, confirming that buyers are defending dips. The market has been forming higher lows and higher highs, which reinforces the bullish bias. On the upside, the price faces resistance around $3,674–$3,700, which aligns with the marked take-profit zone. If bulls manage to push above $3,700 with momentum, the next extension target could be near $3,750, a psychological level and a historically reactive price point. On the downside, $3,610 remains a key invalidation level; a break below could shift momentum back toward sellers. From a momentum perspective, recent buying signals around the lower zones confirm continued interest from institutional buyers. The recent cluster of selling signals near $3,670 reflects short-term supply pressure, but price behavior shows that demand is gradually absorbing that. ________________________________________ ✅ Trade Setup (Bullish) •Entry: $3,645 – $3,650 •Stop Loss: Below $3,610 •Take Profit 1: $3,674 •Take Profit 2: $3,700 •Extended Target: $3,750 ________________________________________ Risk handling is critical here. The setup offers a 1:1.5 to 1:2 risk/reward, depending on entry execution. A smart approach would be to book partial profits at $3,674, then trail the stop-loss to breakeven. If price breaks above $3,674 convincingly, use a trailing stop strategy under each new higher low on the 1H chart. This allows traders to lock in gains while still staying exposed to the larger bullish move. In short, Gold remains poised for a bullish breakout, with strong upside potential if resistance levels are cleared. Careful trade management with partial exits and trailing stops will ensure traders maximize profit while limiting risk. ________________________________________Trade is still active but you can start booking profit at this point as well,