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

XAU/USD is holding steady above 3900 after setting a new all-time high near 3980 within its upward channel. Price action confirms a bullish structure with higher lows and clear trend continuation signals. A rejection near the 3920 support zone could trigger a move back toward the 4000 psychological resistance. Momentum remains strong, with bulls in control as price targets the upper boundary of the channel near 4000.