Technical analysis by SOAM_PRO_TRADER about Symbol PAXG: Buy recommendation (10/7/2025)

🔹 Technical Analysis Of XAUUSD ▪Market Structure Gold (XAU/USD) on the 30-minute timeframe is currently testing the RBS (Resistance Becomes Support) level near $3,940. This area is crucial for price confirmation as buyers may step in to defend the zone. Support & Demand Zone RBS Level for Price: Around $3,940 – $3,946 acts as immediate support. If this level holds, price is likely to bounce higher toward target levels. A breakdown below this zone could invalidate the bullish scenario. ▪Upside Targets ▫1st Target Area: Around $3,956 – short-term profit-taking zone. ▫2nd Target Area: Around $3,966 – next key resistance. ▫3rd Target / Major Resistance: Around $3,977 – $3,980. ▫Final Target Zone: Toward $3,987 if momentum continues. ▪Volume Analysis Volume shows increased activity on the recent drop, suggesting strong selling pressure. However, if buyers absorb liquidity at the RBS level, this could fuel a strong bullish reversal. ✅ Summary: Gold is at a critical RBS support level. Holding above $3,940 could trigger a bullish move toward $3,956 – $3,987. A break below this support would negate the bullish setup.1st layer activated at 3944, at RBS level with SL 3940now it's running 200 pips+