Technical analysis by RTED_Investing about Symbol PAXG: Buy recommendation (10/3/2025)

XAU/USD continues to hold its structure inside the upward channel, recently rebounding from trendline support near 3,845. Price action is forming a series of higher lows, with bullish momentum strengthening after a breakout above equal highs, pointing toward the 3,923 resistance level. As long as the price remains above 3,844, the bullish bias stays intact, supporting continuation toward the 3,940–3,960 target zone within the channel. Momentum favors buyers, with the broader trend still aligned to the upside.