Technical analysis by SOAM_PRO_TRADER about Symbol PAXG on 9/12/2025

🔹Gold (XAU/USD) – Technical Analysis ▪Consolidation and Breakout The price of gold was trading within a consolidation zone, forming a base before attempting a move. This range-bound movement eventually led to a downward trendline, which was tested multiple times. ▪ Breakout Confirmation A breakout above the downward trendline was confirmed, with price closing above the resistance zone. The breakout entry level around $3,635–$3,640 has now turned into a near-term support level. ▪ Immediate Target Following the breakout, the 1st target area is projected near $3,672, where price may face minor resistance. A successful hold above this area could lead to further bullish continuation. ▪ Psychological Resistance The next major level is the psychological target area at $3,700, which is a significant round number and may attract seller interest or profit-taking. ▪Support Levels If price retraces, watch the support zone around $3,622–$3,630, which may offer a buying opportunity if bullish momentum sustains. ▪ Outlook Bullish above $3,640 with targets at $3,672 and $3,700. Bearish below $3,622 with possible return to the previous consolidation zone. Support Me For More Insightful Analysis.from 3639120 pips + achieved,hold your trades,