Technical analysis by FrankFx14 about Symbol PAXG: Buy recommendation (9/24/2025)

Gold has been on an incredible bullish run, breaking above key levels and holding inside a strong ascending channel. Price is currently trading around $3,775, and momentum remains firmly with the bulls. 🔎 Key Observations: 1️⃣ Price is respecting the parallel channel structure, bouncing between support & resistance. 2️⃣ After a strong impulse move, we may see a healthy pullback towards channel support (~$3,740 area) before the next leg up. 3️⃣ As long as the lower channel holds, the bullish trend remains intact with potential targets near $3,820 – $3,840. ⚠️ What to Watch: A clean rejection at channel resistance could trigger a retracement. A breakout above the upper channel = continuation of strong bullish momentum. Break below the channel support = possible shift in short-term trend. 💡 Trading Plan Idea (Not Financial Advice): Look for buy opportunities on pullbacks near the lower channel line. Maintain stops below channel support. First target: $3,820 → Extended target: $3,840+. 📌 Gold remains the market’s safe-haven favorite, and the structure is giving traders clear levels to work with. 👉 Do you think Gold will break out of this channel or correct deeper first? Drop your thoughts below ⬇️ #XAUUSD #Gold #Trading #TechnicalAnalysis #PriceAction